Tag GOOGL

The conversation happened after the U.S. Federal Trade Commission asked Google about Microsoft's business practices as part of a broader investigation, the report said, citing a person directly involved in the discussion. Tech companies that compete with Microsoft in renting out cloud servers, such as Google and Amazon, also want to host OpenAI's models so that their cloud customers don't need to access Microsoft servers to get access to the startup's technology, the report said...

Technology companies are looking at various ways to source electricity for energy-intensive data centers. Google on Dec. 10 unveiled a plan to join with several partners in supporting power generation, […]...

NEW YORK (Reuters) -Alphabet, the Google parent that has pioneered self-driving cars and quantum computing, is making its biggest bet much closer to home: online search. Applying artificial intelligence to the search business that made Google a household name remains the largest gambit for the company, Ruth Porat, Alphabet's president and chief investment officer, said at the Reuters NEXT conference in New York on Tuesday. "We're meeting people where they want to be next," said Porat, in an interview with Reuters Editor-in-Chief Alessandra Galloni...

Alphabet (GOOG, GOOGL) stock jumps on news of Google's new quantum computing chip, Willow. The Futurum Group chief market strategist Cory Johnson joins Julie Hyman and Josh Lipton to discuss what the news means for Alphabet and the quantum computing space. "It's insane," Johnson tells Yahoo Finance, saying, "A product with absolutely no release date or any concept of what it could be used for... adds a couple hundred billion dollars in market cap for this company." Johnson calls the new hardware "a neat science project": "It has not created $150 billion worth of value. And there's no indication that it will." The strategist explains that quantum computing "in theory, will be able to do incredible things... It could someday be able to do just incredible things that are hard to imagine here. And [the] science has to happen long before a product can happen. But there's no sense that any product is going to happen anytime soon." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan...

The S&P 500 fell 0.3% on Tuesday, Dec. 10, as the cooldown from last week's record-setting rally continued ahead of key inflation data...

General Motors has scrapped its Cruise robotaxi program after nearly a decade and $10 billion in development, citing the time and costs needed to scale the business and rising competition. GM on Tuesday said it plans to realign its autonomous driving strategy and give priority to development of advanced driver assistance systems, which take over steering and other functions in certain situations and are common on new vehicles today. The automaker said it would continue to develop fully autonomous technology for personal vehicles, and build on the progress of its Super Cruise system, a hands-off, eyes-on driving feature that the company introduced several years ago...

The Detroit Three car manufacturer said it would “no longer fund Cruise’s robotaxi development work.”...