Tag GOOGL

Alphabet Inc.'s Chief Executive Officer Sundar Pichai talks about the US Justice Department's antitrust case against the search giant. Pichai says choice is good for users, but he says "the reason people use Google is because they want to use it." He speaks to Bloomberg's Emily Chang at the Bloomberg Tech summit in San Francisco...

Pony AI is developing self-driving technology and just partnered with Uber Technologies. Shares of Pony AI (NASDAQ: PONY) soared 112% in May, according to data from S&P Global Market Intelligence. The upstart is trying to bring self-driving and autonomous vehicle technology to the masses, with a focus on the Chinese market...

Reddit filed a lawsuit against AI startup Anthropic, accusing the Claude chatbot developer of unlawfully training its models on Reddit users’ personal data without a license...

SANTIAGO (Reuters) -Alphabet's Google signed an agreement with the Chilean government during a meeting on Wednesday to deploy a 14,800-kilometer (9,196-mile) submarine data cable across the Pacific Ocean to connect with Australia and Asia, set to be operational by 2027. The pact, the first of its kind between the technology giant and a country, aims to bolster Chile's digital connectivity with Asian nations, including China, Chile's largest trading partner, while advancing its ambitions to become a regional hub for Latin America. "It's the first submarine cable in the South Pacific, so it's an important commitment in that we have an extraordinary strategic partner for a cable that should be operational in 2027," Transport Minister Juan Carlos Muñoz told journalists...

Alphabet's Q1 FY25 CapEx hit $17.2B; Search, ads, and AI tools drove revenue growth. Google Cloud shines, but margins face pressure. Read my analysis of GOOG stock...

We recently published a list of 10 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where Amazon.com Inc. (NASDAQ:AMZN) stands against other AI stocks on Wall Street’s radar. On June 2, Citizens JMP analyst Nicholas Jones reiterated a “Market Outperform” rating on Amazon.com, Inc. (NASDAQ:AMZN) with […]...

(Reuters) -Spending on AI-powered search advertising is poised to surge to nearly $26 billion by 2029 from just over $1 billion this year in the U.S., driven by rapid adoption of the technology and more sophisticated user targeting, data from Emarketer showed on Wednesday. Companies that rely on traditional keyword-based search ads could experience revenue declines due to the growing popularity of AI search ads, which offer greater convenience and engagement for users, according to the research firm. Search giants such as Alphabet-owned Google and Microsoft's Bing have added AI capabilities to better compete with chatbots such as OpenAI's ChatGPT and Perplexity AI, which provide users with direct information without requiring to click through multiple results...