Our early-adopters index examines how corporate America is deploying AI
Companies of all stripes are using the technology
Technology stocks are having a bumper year. Despite a recent wobble, the share price of the Big Five—Alphabet, Amazon, Apple, Meta and Microsoft—has jumped by 60% since January, when measured in an equally weighted basket. The price of shares in one big chipmaker, Nvidia, has tripled and in another, AMD, almost doubled. Their price-to-earnings ratios (which measure how much the markets think a company is worth relative to its profits) are ten times that of the median firm in the s&p 500.
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This article appeared in the Business section of the print edition under the headline “ChatGPT Inc”
Business July 1st 2023
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