Microsoft overtakes Apple to become world’s most valuable company by market value
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Microsoft has upstaged Apple to become the world’s biggest company by market value, as the boom in artificial intelligence brought a new twist to the decades-long rivalry between the two Big Tech groups, media reports said. The software company’s shares climbed around 1 per cent in early trading on Thursday to take its market value to $2.87 trillion, just ahead of the iPhone maker, whose shares fell by almost 1 per cent.