Alphabet (NASDAQ:GOOG | GOOG Price Prediction) continues to build conviction with each passing quarter.
Alphabet (NASDAQ:GOOG | GOOG Price Prediction) has really emerged as a force in AI chips in the past year.
GOOGL shares rise 2.1% after unveiling TPU 8i AI chip, highlighting faster performance, lower costs and a deeper push into scalable in-house AI infrastructure.
The insatiable demand for artificial intelligence (AI) has ignited a firestorm in the semiconductor sector, crowning the graphics processing unit (GPU) as the undisputed king of computational power. This first wave of the AI boom has been profitable for many, but inside the world's most advanced data centers, a quiet revolution is taking shape.
There are several factors investors should watch for when the company reports its quarterly results.
At Google Cloud Next this week, the tech giant announced a bevy of new updates to Workspace, its subscription-based productivity suite aimed at professionals. As you might expect, the updates are heavy on AI, integrating new automation tools into various workflows—everything from drafting emails to organizing Google Sheets.
Alphabet is reiterated as a "Strong Buy" with a $480/share price target, driven by AI and cloud leadership. GOOG's custom silicon partnerships, notably with Broadcom and Intel, position it to rival Nvidia and expand into neoclouds and enterprise data centers with full rack-scale solutions. Major AI advancements include the release of Gemma 4 and Gemini Robotics-ER 1.6, targeting advanced reasoning and physical AI applications.
If you paid $32B for a startup, you'd hype them up at your event too. At #GoogleCloudNext, the company made the pitch for why Wiz, a cybersecurity company, will begin to justify its price tag.
Bloomberg's Caroline Hyde and Ed Ludlow discuss Google Cloud's latest generation of tensor processing units, or TPU, and the Alphabet division's new partnerships. Plus, a small group of unauthorized users has accessed Anthropic's new AI model, Mythos, according to a source and documents reviewed by Bloomberg.
If exoflops get you excited, catch up on #GoogleCloudNext's reveal of the two new TPU 8t and TPU 8i chips 👀
Google Cloud on Wednesday announced that its eighth generation of custom-built AI chips, or tensor processing units (TPUs), will be split in two. One chip, named the TPU 8t, will be geared for model training and another, the TPU 8i, is aimed at inference.
CNBC's MacKenzie Sigalos reports on news regarding Google Cloud.