Alphabet, Microsoft earnings show hefty AI bets are driving growth
By Aditya Soni (Reuters) - Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft
Nvidia market cap threatens Alphabet after overtaking Amazon
By Noel Randewich (Reuters) - Nvidia was on the verge of overtaking Alphabet as Wall Street's third most valuable company on Tuesday as the dominant AI chipmaker ended the day with a market capitalization above Amazon's for the first time in
Google parent Alphabet ad revenue disappoints, CapEx up; shares sink 6%
By Jeffrey Dastin and Akash Sriram (Reuters) - Alphabet disappointed Wall Street on Tuesday as holiday-season advertising sales came in below expectations and the company said its spending on items such as servers to power artificial intelligence would jump this year. Alphabet
Google-parent Alphabet dissolves stake in trading app Robinhood
By Niket Nishant (Reuters) - Google-parent Alphabet said on Monday it had dissolved its stake in trading app operator Robinhood Markets. The disclosure comes months after Alphabet slashed its stake in the company by nearly 90%. It had around 612,214 Robinhood shares
Google-parent Alphabet offloads nearly 90% stake in trading app Robinhood
By Niket Nishant (Reuters) -Google-parent Alphabet said on Friday it had slashed its stake in Robinhood Markets by nearly 90%, cutting its exposure to the trading app operator that has been grappling with a slowdown in its mainstay business. Alphabet had reportedly
Alphabet-backed Anthropic outlines the moral values behind its AI bot
Anthropic logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration By Stephen Nellis (Reuters) - Anthropic, an artificial intelligence startup backed by Google owner Alphabet Inc, on Tuesday disclosed the set of written moral values that it used to
Alphabet to combine AI research units Google Brain, DeepMind
A man walks past a logo of Alphabet Inc's Google in front of at an office building in Zurich, Switzerland July 1, 2020. REUTERS/Arnd Wiegmann By Yuvraj Mali (Reuters) - Alphabet Inc is combining Google Brain and DeepMind, as it