Shares of the Google parent rose to a record high valuation of $3.84 trillion on Monday and extended their advance this year to around 68%.
Google trained its Gemini 3 large-language model on tensor processing units, which is a worry for Nvidia shareholders.
The Information reported that Meta is considering using Google's tensor processing units (TPUs) in its data centers in 2027. Shares of Nvidia were 2.5% lower in premarket trade.
Facebook parent Meta is in discussions with Alphabet's Google to spend billions on using Google's AI chips in its data centers from 2027 and to rent chips from Google Cloud by next year, The Information reported on Monday.
The Nasdaq Composite popped 2.69% on investors enthusiasm over Alphabet and its new AI model Gemini 3. Blackrock's bitcoin ETF experienced an outflow of $2.2 billion this month as of Monday stateside.
Meta reportedly is considering using Alphabet's custom chips for its data centers. Nvidia and AMD shares are falling on the prospect of more formidable competition.
Alphabet's Google and venture capital firm Accel will partner to fund at least 10 early-stage Indian AI startups, marking the U.S. technology giant's first such funding partnership, top executives at the companies said on Thursday.
Alphabet's stock rose to a record high and moved the company closer to a $4 trillion valuation on Monday (Nov. 24). The stock gained 5% and gave Alphabet a market capitalization of $3.82 trillion, Reuters reported Monday.
Google Search was supposed to lose ground in the artificial intelligence (AI) era, but Alphabet's third-quarter 2025 earnings tell a different story. Alphabet said Search-and-other advertising revenue rose about 15% to more than $56 billion in Q3, defying expectations that generative AI systems would erode its core business.
CNBC's Jim Cramer explained why he thinks Gemini could be ChatGPT's biggest challenger. Alphabet announced the latest version of its AI model last week and Cramer noted that many have already praised the model.
The 'Fast Money' traders talk Alphabet's record day and if the bounce is keeping the AI trade alive.
After worries about an AI bubble weighed on companies in the space last week, the AI trade came roaring back to start the new trading week. A search giant that drew strong reviews for its latest AI model added fuel to the rally, boosting shares of major semiconductor suppliers.