Alphabet has artificial intelligence to thank for its inclusion in the $3 trillion valuation club. But it's not because Alphabet is excelling in AI.

Google's parent company added hundreds of billions of dollars in value in September following a favorable ruling.

Alphabet, the holding company for the search giant, is now one of four tech giants with the valuation following a mostly favorable anti-trust ruling earlier.

Alphabet's shares surged by over 4% in Monday trading.

Alphabet has artificial intelligence to thank for its inclusion in the $3 trillion valuation club. But it's not because Alphabet is excelling in AI.

Alphabet has artificial intelligence to thank for its inclusion in the $3 trillion valuation club. But it's not because Alphabet is excelling in AI.