Tag GOOGL

Hedge-fund billionaire Christopher Hohn has urged Alphabet to widen its job reduction actions to at least 20% of the company, saying 12,000 layoffs are not sufficient enough to reduce the tech giant’s cost base...

(Reuters) -Microsoft Corp on Monday announced a further multibillion dollar investment in OpenAI, deepening ties with the startup behind the chatbot sensation ChatGPT and setting the stage for more competition with rival Alphabet Inc's Google. Recently touting a revolution in artificial intelligence (AI), Microsoft is building on a bet it made on OpenAI nearly four years ago, when it dedicated $1 billion for the startup co-founded by Elon Musk and investor Sam Altman. Microsoft in a blog post has now announced "the third phase" of its partnership "through a multiyear, multibillion dollar investment" including additional supercomputer development and cloud-computing support for OpenAI...

ChatGPT became a viral sensation upon its release to the public on Nov. 30, 2022. It hit over 1 million users in under a week and has only continued to grow, with hundreds of companies using its application programming interface (API) integrations to create or improve their products. While ChatGPT is one of the more public and obvious examples of the advancements in artificial intelligence (AI), this technology is quickly and relentlessly becoming a permanent part of your everyday life. The term...

I explain the short-term temporary headwinds faced by Google and explain why the company will not be affected in the long run. Read more to see my reasons...

The Dow recently formed a golden-cross. The Nasdaq has bottomed. Click here to read why tech stocks are breaking out...