Over the years, acronyms have come and gone to describe America’s tech darlings — the companies college grads dream of joining and Wall Street investors love to watch. • First, it was FAANG: Facebook, Amazon, Apple, Netflix and Google. • Then came the Magnificent Seven. • Now, in the age of generative AI, a new term is taking hold: MANGO — Microsoft, Anthropic, Nvidia, Google DeepMind and OpenAI.
Why it matters: It’s a reflection of the moment. The companies commanding attention today are the ones leading the AI revolution.
“The power has shifted in Big Tech from the FAANGs and the Mag 7s over to the AI leaders,” venture capitalist Kristina Shen recently said on CNBC. “It’s very clear in terms of the products they’re shipping, the consumer love they’re demanding and the types of ac