MAM
Agency M unveils the ITCH Summit
Mumbai: Agency M, renowned for its pioneering efforts in branding Made in India SMEs, is thrilled to announce The ITCH Summit – a platform designed to ignite inspiration through tales of triumph.
Agency M’s mission extends beyond mere brand creation; it involves crafting success stories that drives India’s progress. With a specific emphasis on empowering the pillars of our nation’s economy, Agency M is dedicated to uplifting SMEs and solopreneurs, pushing the limits of traditional branding to uncover fresh opportunities for Made in India products.
Under the visionary leadership of entrepreneur Prateesh R Nair, Agency M embodies a transformative spirit, blending youthful vigor with a deep-rooted commitment to community empowerment. Leveraging the dynamic young branding and advertising students of Miles School of Branding and Advertising (SoBA), Agency M is revolutionizing the branding landscape for SMEs across India.
Agency M founder & CEO Prateesh R Nair affirmed, “Agency M is dedicated to turning dreams into reality. Our aim is to provide impactful branding solutions to SMEs nationwide. The ITCH Summit epitomizes our dedication to empowering, inspiring, and catalyzing change.”
In alignment with our ethos, Agency M has enlisted industry legends as advisors, enriching our efforts to redefine success and nurture aspirations.
The ITCH Summit, presented by Agency M, promises to be a celebration of innovation and inspiration, featuring visionary speakers and trailblazing entrepreneurs. Scheduled for 2 March 2024, at Miles Stadium, Bangalore, the event will be orchestrated by the enterprising student body of Miles SoBA.
The ITCH Summit guarantees an unparalleled experience, leaving attendees captivated and invigorated for the greater good. The roster of speakers for ITCH 2024 comprises unsung heroes and exceptional individuals driven by an insatiable ITCH to scale new heights.
Brands
Google nears Nvidia in race for world’s most valuable company
Market cap gap narrows as Google hits $4.65 trillion, Nvidia at $4.86 trillion.
MUMBAI: In the AI gold rush, even the giants are sprinting and Google is suddenly gaining ground. Google is rapidly closing in on Nvidia in the race to become the world’s most valuable publicly listed company, with the gap between the two narrowing sharply amid diverging stock momentum. The tech giant’s market capitalisation has surged to around $4.65 trillion, following a more than 140 per cent rise in its share price over the past year.
That rally has added over $2.6 trillion in value in just 12 months, including nearly $900 billion since January alone. Its stock recently hovered at $381.80, slipping marginally by 0.04 per cent, but still reflecting strong upward momentum.
Nvidia, meanwhile, continues to hold the top spot with a valuation of approximately $4.86 trillion. The chipmaker crossed the $5 trillion milestone in October last year and peaked at $5.27 trillion on 27 April. However, its shares have largely plateaued over the past six months, rising just 0.2 per cent recently to $199.99.
The contrast in trajectories is striking. While Nvidia has seen relatively flat movement, Google has gained over 36 per cent in the same six-month period. Barron’s estimates suggest that if current trends hold, the valuation gap could shrink to as little as $190 million by the time Nvidia reports its first-quarter earnings on 20 May.
Daily momentum paints a similar picture. Nvidia recorded average daily gains of about 0.66 per cent last month, compared to Google’s stronger 1.42 per cent, an edge that could prove decisive in the short term.
Driving Google’s resurgence is its aggressive push into artificial intelligence across its ecosystem, from search and YouTube to cloud computing. The company has already invested $144 billion in capital expenditure over the past two years and plans to deploy a further $490 billion over the next two.
Its cloud division is also gathering pace. Google Cloud reported an order backlog of nearly $220 billion in the latest quarter, with total backlog touching a record $462 billion, around half of which is expected to be realised within two years. The company’s entry into chip sales is also beginning to factor into its growth narrative.
The last time Google briefly topped the S&P 500 by market value was in February 2016, when it edged past Apple for just two days. This time, the stakes and the numbers are far higher.
At the heart of the contest lies a single force: artificial intelligence. As both companies pour billions into infrastructure, chips and platforms, the leaderboard is no longer just about size, it is about who can scale the future faster.
