Alphabet Is Eating the AI Stack — And the Market Cap to Prove It
$4.8 Trillion and Climbing Alphabet just crossed $4.8 trillion in market cap. Nvidia sits at $5.2 trillion. The gap is closing fast. A year ago, this race wasn’t even a conversation. Google was the “search company with an AI problem.” Now it’s the integrated AI powerhouse that Wall Street can’t stop buying. The stock is up 160% in twelve months. What changed? Everything — and nothing. Google always had the pieces. It just took the market a while to notice they’d assembled them. ...