Google has introduced new features for its Gemini app designed for smaller businesses. “Rolling out globally this month, these updates transform Gemini into a deeply knowledgeable, in-pocket partner that natively understands your business and helps you get more done,” the tech giant wrote on its blog Wednesday (June 10).
The companies had sought a new trial in a lawsuit filed by a woman who said she became addicted to Google's YouTube and Meta's Instagram at a young age.
It's not just you. Many Google users are encountering "something went wrong" issues on Wednesday.
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Alphabet ( NASDAQ :GOOG | GOOG Price Prediction, NASDAQ:GOOGL ) recently raised $85 billion with Berkshire Hathaway's stamp of approval, and Meta Platforms ( NASDAQ :META ) seems to be heading in the same direction.
Just in time for that big SpaceX (SPCX) IPO, the firm announced that Alphabet‘s (NASDAQ:GOOG | GOOG Price Prediction) Google has inked a $920 million per-month deal for AI compute that'll run through the middle of 2029.
Google just made its budget AI subscription plan a lot more budget-friendly, bringing a price war that's been brewing in emerging markets squarely to American consumers.
The company offered more than $19 billion of the mandatory convertible preferred last week in two equal parts at $50 a share.
Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) is positioned as a multi-decade compounder because it pairs a near-monopoly cash engine in Google Search with a compounding cloud and AI franchise at a valuation that, on an earnings yield basis, still trades cheaper than most of its mega-cap peers.
The AI boom is giving investors no shortage of curveballs. In a rather surprising move, Alphabet‘s (NASDAQ:GOOGL | GOOGL Price Prediction) Google inked a deal that'll see Elon Musk's SpaceX (SPCX) receive $920 million per month to rent its AI compute capacity.
Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) is running one of the most aggressive AI infrastructure buildouts in corporate history.
Alphabet is rated a buy, driven by aggressive AI infrastructure investment and robust financials despite a historic $85B equity raise. Q1 FY26 delivered 22% YoY revenue growth, 81% net income growth, and exceptional Cloud segment performance with 63% revenue and margin expansion. CapEx is set to surge to $180-190B in FY26, with further increases expected in 2027, raising concerns about FCF pressure and valuation sensitivity.