Apple became the third company in history to surpass a $4 trillion market valuation, driven by robust sales of the iPhone 17 and iPhone Air. Strong global demand helped offset investor concerns about Apple’s slower progress in artificial intelligence, highlighting the enduring strength of its hardware ecosystem.
Google is reportedly investing $6 billion to establish its largest AI data center outside the U.S. in Visakhapatnam, Andhra Pradesh. This 1-gigawatt facility includes $2 billion dedicated to renewable energy infrastructure, making it Asia’s biggest data center by capacity and investment. The project is expected to anchor Andhra Pradesh’s ambitious plan to build 6 GW of data center capacity in the next five years.
