Keywords: Alphabet


Google reshapes AI leadership as Demis Hassabis steps back from daily management

Google has launched a major overhaul of its artificial intelligence leadership, announcing a new organizational structure that will see DeepMind co-founder Demis Hassabis step away from day-to-day management while taking on a broader strategic role focused on the future of AI research. The restructuring......

Magnificent Seven stocks rally as AI optimism boosts investor confidence

Shares of the largest US technology companies rebounded strongly as renewed optimism surrounding artificial intelligence encouraged investors to return to the sector. Positive corporate earnings and continued commitments to AI infrastructure have reinforced expectations that demand for advanced technologies......

AI giants add $1.5 trillion in market value as investors reward strong earnings while Apple and Meta face pressure

Artificial intelligence continued to reshape global financial markets as several of the world's largest technology companies recorded substantial gains in market value following strong quarterly earnings and optimistic business outlooks. Investor confidence has been fueled by continued growth in......

AI infrastructure spending drives hyperscalers to record bond issuance as borrowing costs climb

America's largest technology companies are turning increasingly to the bond market to finance massive investments in artificial intelligence infrastructure, even as investors demand higher yields to absorb the surge in corporate debt issuance. A Reuters analysis of LSEG data shows that Amazon, Alphabet,......

Alphabet and Tesla shares tumble on Wall Street after quarterly results

Shares of two of the world's most closely watched technology companies, Alphabet and Tesla, came under heavy pressure on Thursday as investors reacted sharply to their latest quarterly results and outlooks. Alphabet, the parent company of Google, suffered a significant decline at the start of trading,......

Alphabet reportedly develops AI chip with Gemini technology built into its architecture

Alphabet is reportedly working on a new generation of artificial intelligence hardware that could integrate elements of its Gemini AI technology directly into the chip itself, potentially improving performance while reducing the computing resources required to run advanced models. According to a report......

Google develops new AI chip to boost Gemini performance and ease computing constraints

Google is developing a new generation of artificial intelligence server chips designed to run its Gemini models more efficiently, a strategic move aimed at expanding computing capacity as demand for AI services continues to accelerate. According to people familiar with the project, the Alphabet subsidiary......

EU court confirms Google fine over illegal gambling advertising on YouTube

The European Union’s highest court has upheld a €750,000 ($854,250) fine imposed on Google by Italian regulators over gambling-related advertising displayed on its YouTube platform, strengthening the legal responsibility of major digital platforms for content shared through commercial partnerships. The......

Google asks EU’s highest court to uphold decision cancelling €1.49 billion antitrust fine

Google has urged the European Union's highest court to uphold a lower court ruling that overturned a €1.49 billion ($1.7 billion) antitrust fine, arguing that the European Commission's legal challenge is based on flawed reasoning. The case was heard on Wednesday before the Court of Justice......