Meta has chosen Robert Fergus to lead its Fundamental AI Research (FAIR) lab, according to Bloomberg.
Shares of Alphabet NASDAQ: GOOGL, Google's parent company, have struggled in 2025, falling over 20% year-to-date and officially entering bear market territory. The tech giant has come under pressure amid shifting investor sentiment and intensifying competition.
A drop in search traffic is a reminder that technological advancement can displace long-established tech giants.
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Alphabet (GOOG, GOOGL) shares continue to see losses ahead of Wednesday's market close on the headlines that Apple (AAPL) is looking into adding AI search capabilities to its Safari web browser, a disclosure that Apple senior vice president of services Eddy Cue made in a testimony to US Department of Justice (DOJ) officials. Yahoo Finance tech editor Dan Howley breaks down the details.
Google Search faces potential disruption from chatbots like ChatGPT, Perplexity, and Anthropic, but its market share remains strong with only a slight decline. Despite concerns, Google's diversified assets, including YouTube, Google Cloud, and Waymo, provide significant value and growth potential, mitigating risks to Search. Google's valuation appears conservative, with a 5x EBITDA multiple on Search and substantial upside potential from other segments and future growth.
Alphabet Inc (NASDAQ:GOOGL) stock was last seen down 7.6% to trade at $150.77.
The tech giant is pledging early-stage development capital to three nuclear-energy sites.
Alphabet Inc (NASDAQ:GOOG) shares fell 7% after Apple Inc (NASDAQ:AAPL, ETR:APC) was revealed to have started talks with artificial intelligence startup Perplexity AI about adding search functions to iPhones. Other AI chatbot functions could also potentially be added.
Google has agreed to fund at least three new nuclear power projects with Elementl Power, a South Carolina-based nuclear project developer, as the tech giant moves to secure reliable, carbon-free energy to power its expanding network of data centers. The deal, announced on Wednesday, marks the latest push by a major technology company to tap advanced nuclear power in support of artificial intelligence (AI) infrastructure, which is increasingly energy-intensive.
Google last year began offering some artificial intelligence firms a way to anchor chatbot responses in its search results, but still reserves key features for its own AI service, Gemini, a company executive testified.