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GOOGL

AI Weekly: major deals and Pope Leo’s warning

STORY: Could Meta rival Nvidia? And what the Pope thinks about artificial intelligence. :: AI WeeklyThis is AI Weekly. Meta Platforms is in talks with Google to spend billions of dollars on the company's chips for use in its data centers starting from 2027.That's according to The Information.If confirmed it could pitch Google as a serious rival to semiconductor giant Nvidia.The report said talks also involve Meta renting chips from Google Cloud as early as next year.:: FileU.S. President Donald Trump signed an executive order to launch a government-wide effort to build an integrated AI platform.It's to harness federal scientific datasets to train next-generation technologies.The effort is called the Genesis Mission.It aims to transform research and speed discoveries by using massive government scientific datasets.:: FileTrump directed the U.S. Energy Department and U.S. National Laboratories to, quote, "unite America’s brightest minds and most powerful computers.":: FileThe Kremlin says Russian President Vladimir Putin doesn't use AI tools himself, but officials who work for him do.Kremlin spokesman Dmitry Peskov added the Kremlin used AI tools to help sort through citizens' questions during Putin's annual question-and-answer event.:: FilePutin last week called for a national task force to coordinate Russia's work on homegrown generative AI models.He said they were vital to preserving Russian sovereignty.Alphabet is on track to hit a historic $4 trillion market valuation.It's been powered by an impressive year-long rally fueled by the Google parent's sharpened focus on AI tools.The firm joins an elite club of Big Tech companies racing to dominate the booming technology as AI continues to attract Wall Street this year.Leo, the first U.S. pope, discussed AI with 15,000 of the country's youth via a video call.It came during a live transmission from the Vatican to a national Catholic youth conference in Indiana.Leo told the young viewers AI is "becoming one of the defining features of our time."But he cautioned it must be used responsibly."In your education. Make the most of this time. A.I. can process information quickly, but it cannot replace human intelligence and don't ask it to do your homework for you. It cannot offer real wisdom. It misses a very important human element. A.I. will not judge between what is truly right and wrong.”...

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GOOGL MSFT

Forget Pure Plays: The 3 Safest Quantum Stocks Poised for Explosive Growth

It may be wise to look beyond the speculative start-ups in such a nascent quantum computing industry...

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AAPL GOOGL

These Stocks Are Moving the Most Today: Alphabet, Nvidia, Apple, Dell, HP Inc., and More

Alphabet and Apple shares were rising again, putting Nvidia's status as the most valuable U.S. company under threat...

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GOOGL

Alphabet Stock Poised to Extend Gains; Nvidia Eyes More Losses

Facebook parent Meta Platforms is in talks to use Google-made AI chips, The Wall Street Journal reported late Tuesday. The discussions about a deal, which could eat in Nvidia's market dominance, were previously reported by the Information...

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GOOGL

Evercore ISI’s Mark Mahaney on Alphabet: ‘The fundamentals look great’

Mark Mahaney, head of internet research at Evercore ISI, joins CNBC’s ‘Squawk on the Street’ to discuss Alphabet as the tech giant’s stock surges to all-time highs, the ongoing AI race, and more...

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GOOGL

Alphabet Keeps Climbing, Nvidia Falls After Google-Meta Chip Talks

Shares in Google parent Alphabet were rising premarket, while Nvidia fell, after it was reported that Google is in talks to supply chips to Meta Platforms. Alphabet shares were up 1.5% at $328.36 in premarket trading. The shares continued to hit new highs after news of talks for a potential deal with Meta for tensor processing units, which came at the expense of Nvidia shares, according to Scope Markets Analyst Joshua Mahony...

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GOOGL

Reliance Industries, JV partners to invest $11 billion in India AI data capacity

Canadian multinational company Brookfield Corporation and U.S.-based real estate investment trust Digital Realty are the other partners involved in the joint venture, called Digital Connexion. The project aims to establish an AI-native data centre campus across 400 acres of ‍land in Andhra Pradesh's Visakhapatnam city...

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GOOGL

BNP Paribas Exane Initiates Alphabet (GOOGL) at Outperform, Citing AI and Cloud Leadership

Alphabet Inc. (NASDAQ:GOOGL) is one of the Hot AI Stocks to Keep on Your Radar. On November 24, BNP Paribas Exane initiated coverage on the stock with an “Outperform” rating and a $355.00 price target. Analyst Nick Jones sees GOOGL as an AI and Cloud leader. The analyst highlighted how Google boasts a “dominant position in Search, […]...

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GOOGL

Nvidia says it isn’t using ‘circular financing’ schemes. 2 famous short sellers disagree.

Jim Chanos and Michael Burry claim Nvidia is engaged in questionable vendor financing...

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GOOGL

This AI Chip Stock Is Getting a Big Boost From Google’s Hot Streak

Nvidia rival Broadcom, which counts Google as a major customer, has seen its stock surge recently along with Alphabet's...

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