Alphabet on pace to hit $4 trillion market value as AI gains momentum

Alphabet was on track to hit a historic $4 trillion market valuation on Tuesday, powered by an impressive year-long rally fueled by the Google parent’s sharpened focus on artificial intelligence tools.

Shares of the company were up 4.1% at $331.7 in premarket trading, putting the company on course to breach the key milestone at the open.

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