Alphabet, parent company of search giant Google, said it will spend $75 billion in 2025 in the AI arms race, raising investor ...
The tech-heavy Nasdaq index dipped 0.7% shortly after market open.
The cost of that advancement, however, has been significant, with Google spending more than $52 billion last year on new data ...
Shares of Google parent Alphabet had closed at an all-time high ahead of its fourth-quarter earnings report released Tuesday.
Meanwhile, the company expects the launch of its new Gemini 2.0 AI model to help drive growth as it moves closer to being a ...
Google’s revenues of $96.5 billion in Q4 reflected a 12% y-o-y gain. The growth was led by its cloud business, with segment ...
Google parent Alphabet’s stock plunged by more than 8% in early trading Wednesday after the search giant unveiled plans for a ...
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Alphabet is increasing its capital expenditures on AI investments.
The company’s historical reluctance to engage in military AI projects stems from employee-led protests in 2018, when workers ...
Johnson Controls reported adjusted fiscal first-quarter earnings per share of 64 cents. Wall Street was looking for 59 cents.
Shares of Google parent Alphabet tumbled Wednesday as several analysts lowered their price targets for the stock, citing concerns about the tech giant's weaker-than-expected cloud growth and plans to ...