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 ...
Alphabet's fourth-quarter earnings day is here, with numbers expected to be released after the markets close Tuesday. This ...
James J. Burns & Company LLC lowered its stake in shares of Alphabet Inc. (NASDAQ:GOOG – Free Report) by 10.1% in the fourth ...
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Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, while ...
In his first weeks as president, Trump has signed executive orders relating to DEI, including dialling back transgender ...
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