Releases

Baidu's American depositary shares began trading on Nasdaq under BIDU.

Google completes its initial public offering on Nasdaq, establishing the public-company lineage now represented by Alphabet's GOOGL and GOOG shares.

Facebook, the company later renamed Meta, was founded in Cambridge, Massachusetts.

Robin Li and Eric Xu founded Baidu in Beijing.

Larry Page and Sergey Brin incorporate Google, building a search company that would later become a major AI research, infrastructure and product provider.

Amazon completed its initial public offering on Nasdaq under the ticker AMZN.

IBM's Deep Blue defeated world chess champion Garry Kasparov in a six-game match.

Jeff Bezos founded Amazon in Bellevue, Washington; the company later expanded from ecommerce into cloud computing, devices and artificial intelligence.

Microsoft establishes Microsoft Research to pursue long-term computer-science research, including speech, vision, machine learning and artificial intelligence.

Microsoft completes its initial public offering on Nasdaq, establishing the public-company lineage represented by MSFT.

Larry Ellison, Bob Miner and Ed Oates founded the company later renamed Oracle Corporation.

Bill Gates and Paul Allen found Microsoft, beginning the company that would later build a broad AI research, cloud and product portfolio.

IBM researchers began foundational work in machine learning, game-playing systems and artificial intelligence during the field's formative era.

The company that became IBM was incorporated as the Computing-Tabulating-Recording Company.