Google owner Alphabet's share price drops overnight - have investors had enough of spending on AI?
From a purely business financials perspective, a large part of the reason for the sell-off stemmed from slowing growth in data centres revenue. Google’s cloud business is a huge money driver and posted a 30 per cent increase in revenues, totalling nearly $12bn (£9.6bn).
Alphabet, parent company of search giant Google, said it will spend $75 billion in 2025 in the AI arms race, raising investor ...
The company’s historical reluctance to engage in military AI projects stems from employee-led protests in 2018, when workers ...
Google CEO Sundar Pichai tried to allay concerns about DeepSeek, boasting that Google's own AI models were comparable.
This is a significant increase, and it shows that Alphabet is throwing the kitchen sink at its A.I. plans,” said Kathleen ...
Despite the threat of DeepSeek, CEO Sundar Pichai said the company expected to spend about $75 billion in capital ...
Alphabet's fourth-quarter earnings day is here, with numbers expected to be released after the markets close Tuesday. This ...
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Like several other major tech companies, Google sells some of its technology and services to the federal government, ...
Tech giant Alphabet’s Google has decided to stop its diversity-based hiring practices as pressure on DEI (diversity, equity, and inclusion) policies mounts. Additionally, the co ...
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