Amazon reaches $2 trillion in market value; company is the fifth to reach the milestone

A multinational founded by Jeffrey Bezos, Amazon reached US$2 trillion in market value for the first time. The event occurred this Wednesday (26) after shares grew by 3.4%. Only Alphabet, Apple, Microsoft and Nvidia had already reached US$2 trillion. Thus, Amazon is the fifth company to achieve this feat.

The multinational's shares have been growing strongly since last year. The accumulated value in the period is 130%, accounting for an increase of 26% in 2024. The event also impacted the ranking of the richest people in the world, where Jeff Bezos surpassed Bernard Arnault – CEO of Louis Vuitton – to come in second place, behind only Elon Musk.

Optimism with Artificial Intelligence

One of the reasons for the growth in Amazon's market value is the market's optimism in the artificial intelligence sector. The company also provides “Amazon Web Services”, also known as AWS, which focuses on computing-related services.

The multinational has already announced that it will invest in the AI ​​sector in some countries. In addition, the website “Business Insider” revealed this week that there is a secret project, called “Metis”, which is a ChatBot, something like “ChatGPT”.

It is worth remembering that Amazon has “Alexa”, a virtual assistant launched in 2024. The device provides varied information, reminders, music and the possibility of interactivity in “smart homes”.

_{Germany, Spain and France will receive investments through AWS (Photo: reproduction/DeltaWorks/Pixabay)}

Bezos's fortune

Fueled by Amazon's surge in value, Jeff Bezos' net worth was valued at $210.6 billion. According to Forbes magazine, the amount was enough to make him the second richest person in the world.

Bezos founded Amazon in 1994. Originally a bookselling website built in the creator's garage, Bezos wanted to take advantage of the internet boom. He decided to take the company public in 1997 and two years later was already selling a variety of items. Today, Amazon still focuses its efforts on e-commerce, although it offers services in other areas.

Featured Photo: Amazon reaches US$ 2 trillion (Reproduction/X)