Nvidia Becomes the First Company to Hit $5 Trillion

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Editor’s Note

We’ve constantly wondered why Apple, a company valued at $4 trillion, still struggles to build its own artificial intelligence. Well, now it looks like the company is actively window shopping for the right AI company to acquire. While Apple does its thing, Nvidia just became the most valuable company in the world after hitting a $5 trillion market cap earlier this week. We hope this settles the debate on what career you sign your kid up for the moment they say “Hello world.”

Here's your curated dose of the most significant events in the AI ecosystem this week

  1. Apple Confirms they are open to acquiring AI Companies

  2. Figma Acquires AI company, Weary

  3. Nvidia becomes the first company to hit $5 Trillion

  4. Grammarly rebrands to Superhuman

Apple isn’t just building AI on its own, CEO Tim Cook says the company is ready to open its wallet if the right opportunity comes along.

During Apple’s latest earnings call this week, Cook made it clear that the tech giant is keeping all its options open when it comes to artificial intelligence. That means building their own AI tools, teaming up with other companies, and yes, potentially buying some too.

“We’re always looking at what’s out there,” Cook told investors, explaining that Apple will go after acquisitions if they help speed up their AI plans.

This three-part strategy isn’t new for Apple, but it’s interesting to hear Cook confirm they’re still actively shopping around. The company has already partnered with OpenAI to bring ChatGPT into Siri and Apple Intelligence, and Cook hinted there are more partnerships like this in the works.

“We plan to work with more companies as time goes on,” he said in a separate interview with CNBC.

As for Apple’s own AI assistant? The next-generation, AI-powered Siri is still on track to launch sometime in 2026. Cook says development is going well and they’re sticking to the timeline.

Behind the scenes, Apple is also ramping up the infrastructure to make all this AI magic happen. The company just started manufacturing servers for its AI systems at a new plant in Houston a few weeks ago. These servers will power Apple’s Private Cloud Compute, basically their system for processing AI requests while keeping your data private.

And it seems like the AI push might already be working. Cook suggested that customers are starting to think about AI features when they’re choosing a new phone.

“Apple Intelligence is becoming a factor in people’s decisions,” he said, “and we think it’s only going to matter more going forward.”

Figma just made a big move to beef up its AI capabilities, the design platform has acquired Weavy, a startup that lets people create and edit images and videos using artificial intelligence.

The Tel Aviv-based company, which only launched last year, will become part of Figma under a new name: Figma Weave. All 20 members of the Weavy team are joining Figma, though the companies didn’t say how much the deal was worth. For context, Weavy had raised $4 million earlier this year.

Weary is represented as a playground for AI-generated content. Instead of being stuck with one AI model, Weavy lets you test out multiple options at once, kind of like trying on different outfits before picking your favorite.

Here’s how it works: You start with a blank canvas and type in what you want to create. The tool shows you results from different AI models (with names like Flux, Sora, and Veo). You pick the one you like best, then you can keep refining it, adjusting the lighting, changing colors, or even turning a still image into a video. You can combine multiple prompts and models to get exactly what you’re looking for. Even if you need to tweak just one layer of your image, that works too.

“Weavy has found the sweet spot between being easy to use and incredibly powerful,” said Figma CEO Dylan Field. “It’s also just really fun to play with.”

For now, Weavy will keep running as its own product. Eventually, Figma plans to fold it into the main Figma platform alongside other tools under the Figma Weave brand.

This acquisition is part of a bigger trend in the design world. AI-powered design tools are hot right now, earlier this month, Perplexity scooped up the team behind Visual Electric, another AI design startup. And back in April, a company called Krea raised a whopping $83 million for similar technology.

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Nvidia has officially entered uncharted territory. The chip giant became the first public company ever to be worth $5 trillion, riding an AI wave that shows no signs of slowing down.

The company’s stock jumped over 5% on Wednesday, pushing its value past this historic milestone. The timing wasn’t accidental, investors got excited after President Trump mentioned he’d be discussing Nvidia’s powerful Blackwell chips with Chinese President Xi Jinping.

But that’s just part of the story. CEO Jensen Huang had already fired up Wall Street a day earlier by announcing the company expects to sell $500 billion worth of AI chips. He also revealed that Nvidia is building seven massive supercomputers across the United States for things like national security, energy, and scientific research, all powered by thousands of Nvidia’s chips, of course.

And there’s more. Nvidia dropped $1 billion on Nokia and announced plans to help build the next generation of wireless networks (think 5G and the upcoming 6G) using its technology.

Nvidia only crossed the $4 trillion mark three months ago. That means the company added another trillion dollars in value in roughly the time it takes to binge a couple of TV series.

The simple answer as to why Nvidia is going fast is that everyone needs what they’re selling. Tech companies building AI tools are desperate for Nvidia’s graphics processing units (GPUs), the specialized chips that power everything from ChatGPT to the latest AI innovations. These chips are in such high demand that they’re genuinely hard to get, which keeps prices high and investors happy.

The AI boom has been incredible for tech stocks across the board, but Nvidia is in a league of its own. The company’s stock has skyrocketed more than 50% just this year. They’ve struck massive deals with companies like OpenAI (a $100 billion investment announced in September) and are basically at the center of every major AI infrastructure project happening right now.

To put Nvidia’s size in perspective: the company is now worth more than the entire stock markets of every country in the world except the United States, China, and Japan. Let that sink in, one chip company is worth more than all the publicly traded businesses in the UK, Germany, France, and dozens of other countries combined.

Whether this incredible run continues depends on the AI development pace. For now, though, Nvidia is printing money, making history, and showing no signs of slowing down.

In a plot twist nobody saw coming, Grammarly just pulled off one of the most unusual rebrands in tech history. After buying email app Superhuman back in July, the company decided to ditch its own name and rebrand the entire company as “Superhuman.”

Don’t panic if you use Grammarly, the writing tool you know and love will keep its name. But the parent company is now Superhuman, and they’re thinking about eventually rebranding other products they’ve acquired, like the productivity platform Coda.

Along with the name change, the company is launching a new AI assistant called Superhuman Go. This is where things get interesting.

Superhuman Go lives inside your Grammarly extension and does way more than just fix your grammar. You can connect it to apps you already use, think Gmail, Google Drive, Google Calendar, and even project management tools like Jira. Once connected, the assistant can actually do stuff for you such as scheduling a meeting,  It can check your calendar and find when you’re free. Working on a project ticket? It can log it for you. Writing an email? It’ll give you feedback and suggestions based on information from your other apps.

The company is also launching an “agent store” where you can grab specialized tools like a plagiarism checker or proofreader. And they’re planning to make Superhuman Go even smarter by letting it pull information from CRMs and company systems to improve your emails automatically.

Everyone who uses Grammarly can try Superhuman Go for free right now, just flip a toggle in your extension. If you want more features, there are two paid plans: Pro costs $12 a month (if you pay annually) and gives you advanced grammar help in multiple languages. The Business plan runs $33 a month and includes access to Superhuman Mail, their email client.

Grammarly is making a big bet that it’s not just a grammar checker anymore. Over the past few years, the company has been gobbling up other tools, Coda for documents, Superhuman for email, to become a full productivity suite that can compete with heavyweights like Notion, ClickUp, and Google Workspace.

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