Alphabet’s record-breaking $85B raise for Google’s AI business is a helluva good signal
If Alphabet’s record-breaking, $85 billion stock sale signals investor appetite for AI-related offerings, we can see that investors are ready to chow.
If Alphabet’s record-breaking, $85 billion stock sale signals investor appetite for AI-related offerings, we can see that investors are ready to chow.
“The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply,” Alphabet said in its statement.
Google and SpaceX are in talks to build data centers in orbit, pitching space as the future home for AI compute, even as costs today remain far higher than on the ground.
Most of it is tied to performance, including new stock incentives linked to Waymo and Wing, its drone delivery venture.
Nearly five years after graduating into an independent Alphabet company, Intrinsic is moving under Google’s domain.
Alphabet CEO skipped an analyst’s question about Apple on the company’s earnings call.
The round, led by Dragoneer Investment Group, DST Global, and Sequoia Capital, now values the autonomous vehicle company at $126 billion.
Waymo is reportedly finalizing a new funding round that will value the robotaxi company at $110 billion.
In a letter to the leaders of X, Meta, Alphabet, Snap, Reddit and TikTok, several U.S. senators are demanding the companies provide proof that they have “robust protections and policies” in place, and how they plan to curb the rise of sexualized deepfa…
Alphabet is set to pay $4.75 billion in cash, plus debt, for the data center and clean energy developer.