Alphabet, the parent company of Google, is planning to invest $75bn in AI infrastructure in 2025. This move is aimed at bolstering the company's capabilities in AI research and the integration of ...
Though advertising still makes up the lion’s share of the company’s revenue, investors have been focusing more on the part of Alphabet’s GOOG GOOGL business that seems the best proxy for AI ...
But "through this AI moment...search is continuing to perform well." Alphabet's expectation that it will spend $75 billion in capital expenditures this year stands out because that number is so large.
Alphabet shares ended down more than 7%, but investors quickly pivoted to other AI-related shares to pick up some slack. Super Micro Computer and Nvidia shares jumped after server maker Super ...
Alphabet has been talking nonstop about AI. Now investors are looking for proof that the company's efforts are working. Alphabet Inc. has become an artificial-intelligence stock, for better or for ...