Google parent Alphabet hits $4tn valuation after AI deal with Apple

After Apple chose Gemini to power Siri, Alphabet surpassed Apple to become second-most valuable company in world

Google's parent company hit a major financial milestone on Monday, reaching a $4tn valuation for the first time and surpassing Apple to become the second-most valuable company in the world.

Alphabet is the fourth company to hit the $4tn milestone after Nvidia, which later hit $5tn, Microsoft and Apple.