AI drives revenue growth for Microsoft, AWS achieves operating leverage, and Google Cloud witnesses significant margin improvement in Q4...
Continue ReadingA seasoned San Francisco cab driver might have avoided the intersection of Jackson Street and Grant Avenue, in the heart of the city's Chinatown on the first day of Chinese New Year. An autonomous Waymo robotaxi, by contrast, drove toward the cross streets on Saturday evening, when crowds were blocking all sides and revelers were lighting fireworks, according to two witnesses. The incident highlighted both the limited ability of robotic cars to make judgment calls and hostility to them for a host of reasons, such as concerns about safety, the jobs they might take from human drivers, and a more generalized fear of artificial-intelligence, according to officials and academics...
Continue ReadingAlphabet stock investors are curious about the latest developments from the search engine giant...
Continue ReadingWith Sierra, a startup focused on building conversational AI chatbots for businesses, Taylor and Bavor have raised $110 million in funding from VC firms including Sequoia Capital and Benchmark...
Continue ReadingCould Google's parent company finally start paying dividends?...
Continue ReadingPalantir's latest report makes one thing clear: The company is disrupting AI...
Continue ReadingAlphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) stock has performed well but still hasn’t been the most magnificent of the so-called Magnificent Seven group over the past year. The artificial intelligence (AI) rally is still going strong into 2024, and though Alphabet has big AI innovation projects (perhaps better than some rivals), the stock still hasn’t been able to drive a great deal of multiple expansion in recent years. At writing, shares of GOOGL go for a very reasonable 22.2 times forward price-to-...
Continue ReadingTech stocks have had a strong start to 2024, driven by optimism over Fed rate cuts this year and better-than-expected quarterly reports from several of the Magnificent 7 companies...
Continue ReadingCalifornia lawmakers and labor unions rallied on Monday to call for laws to not allow autonomous trucks without human drivers, amid rising safety concerns after accidents involving self-driving taxis from General Motors and Alphabet. A robotaxi from Alphabet's Waymo was torched by people celebrating Chinese New Year on Saturday, marking the most destructive attack so far on driverless vehicles in the U.S. This comes after a Waymo vehicle hit a cyclist at a city intersection last week and a major accident in October where a GM Cruise robotaxi hit and dragged a pedestrian 20 feet (6 meters). The act of vandalism reflect a chaotic environment for robotaxis in San Francisco, where public ire has risen after the dragging and bicyclist accidents...
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