Google's head of artificial intelligence Demis Hassabis told employees that he's not worried about DeepSeek, according to audio from an all-hands meeting. Hassabis claimed that DeepSeek "exaggerated" cost-efficiency claims, and said Google's technology is better.
Artificial intelligence (AI) investing is still the market's most prevalent theme. As a result, investors need to pay attention to what's going on and see what stocks are the best buys during any given month.
Shares of Alphabet (GOOG 1.32%) (GOOGL 1.38%) have been falling in recent days after the company released its earnings numbers. Investors are bearish on the tech giant after it missed expectations for revenue.
I recommend buying Alphabet shares after 4Q24 earnings, despite mixed results, due to strong YouTube performance and fair valuation. Alphabet's net revenue of $96.47 billion fell short of expectations, with the cloud business underperforming but search and YouTube ad revenue showing strength. Concerns exist over high CapEx investments in AI, but cost control and a 25% upside potential make Alphabet a compelling buy.
In a move that many would have once considered surprising, investors seem to have written off the artificial intelligence (AI) prospects of Google parent Alphabet (GOOGL 1.38%) (GOOG 1.32%).
Mexican President Claudia Sheinbaum on Thursday urged Google to reconsider its decision to rename the Gulf of Mexico the "Gulf of America" for U.S. users, adding the country could file a civil suit against the firm if necessary.
Tesla robotics rival Apptronik announced a $350 million Series A funding round, including participation from Google. CEO Jeff Cardenas said the funding will help the company scale its artificial intelligence robotics development, aiming to eventually sell robots for the price of a car.
Google and Poland on Thursday signed a memorandum for developing the use of artificial intelligence in the country's energy, cybersecurity and other sectors.
With each passing year, it becomes more obvious just how important businesses in the technology sector are to the performance of the overall economy. There are some truly dominant enterprises here.
Google's head of public policy in India, Sreenivasa Reddy, has quit, a company spokesperson told Reuters on Thursday, marking the second departure in around two years in the critical role in a key market for the company.
Google has signed a memorandum of understanding with Poland about speeding up the adoption of Artificial Intelligence, CEO Sundar Pichai said on Thursday.
Latent Labs, a biotech startup founded by former DeepMind scientist Simon Kohl, has launched with $50 million in funding. The company is developing artificial intelligence models to design and optimise proteins, essential molecules in human biology.