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The company is facing pressure on two fronts—the government and a host of new AI-powered search rivals. It has the capacity to meet both challenges and continue to prosper.
Investors may wonder whether Alphabet has dealt well with the emerging competition in AI. Alphabet plans to invest $75 billion in capital expenditures this year and can likely afford to do so.
At that time, shares of Apple (NASDAQ: AAPL) traded more than 8% lower, Meta Platforms (NASDAQ: META) was down more than 6%, and shares of Alphabet (NASDAQ: GOOGL) were off by more than 3%.
SAN FRANCISCO : Alphabet and Nvidia have joined prominent venture capital investors to back Safe Superintelligence (SSI), a startup co-founded by OpenAI's former chief scientist Ilya Sutskever ...
Alphabet reiterated on Wednesday it would spend about $75 billion this year to build out data centre capacity, doubling down on its generative AI bet even as the payoff remains unclear and a ...
Alphabet is pushing forward with its ambitious artificial intelligence plans, reaffirming it will invest approximately $75 billion this year to expand its data centre infrastructure, even as ...
Google-parent company Alphabet took the top spot, followed by Amazon on the career platform's list, released Tuesday. Wells Fargo, Capital One, and JPMorgan Chase were also in the top 10 ...
LAS VEGAS: Google's parent company Alphabet has said it was commitment to spending around $75 billion this year to build out data centre capacity despite turmoil over US tariffs and sought to ...
Around 500 people, including British holidaymakers, fled their hotel in a French Alps ski resort as a fire swept through the complex in the middle of the night. More than 90 firefighters tackled ...