Tag: $Alphabet

Alphabet reported first-quarter earnings after the bell Wednesday, showing revenue that topped expectations boosted by its surging cloud business. Shares climbed following the report.

Alphabet Inc.’s Google Cloud is launching a $750 million fund to help consulting firms including McKinsey & Co., Accenture Plc and Deloitte bring agentic artificial intelligence to their clients.

Marvell Technology (MRVL) was rising early Monday on a report it is in talks with Google about developing artificial-intelligence chips. That’s worrying for the search company’s primary processor partner Broadcom (AVGO).

The European Commission has proposed that Google allow third-party ​search engines to access its search data, including that of artificial ‌intelligence chatbots with search functionalities, to comply with the Digital Markets Act, the commission said on Thursday.

Broadcom said Monday that it’s agreed to produce future versions of artificial intelligence chips for Google, and signed an expanded deal with Anthropic that will give the AI startup access to about 3.5 gigawatts worth of computing capacity drawing on Google’s AI processors.

Jurors in the first two trials in the U.S. from a growing wave of lawsuits targeting social media firms over harm to children ​have found Meta, and Alphabet’s, potentially teeing up an appeals fight that could reshape how U.S. law shields tech companies from lawsuits.

Google’s latest research which claims to make AI models more efficient is putting pressure on memory stocks, with investors concerned the breakthrough could see a slowdown in chip demand.

Gap is partnering with Google’s Gemini to allow shoppers to check out directly within the AI platform, making it the first major fashion company to work directly with the tech company to fuel agentic commerce.

Robo-taxi competitors Alphabet (GOOGL) and Tesla (TSLA) have teamed up to help lower electricity costs.

Meta Platforms (META) has signed a multi-billion dollar deal to rent artificial intelligence chips from Google (GOOGL), to develop new AI models, The Information reported on Thursday, citing a person involved in the talks.

Alphabet Inc. is selling Swiss franc-denominated bonds for the first time, following a bumper $20 billion deal in the US..

French oil major TotalEnergies (TTEF), opens new tab on Monday signed two long-term deals to supply solar power to Google’s (GOOGL), opens new tab data centres in Texas, as it looks to tap rising electricity demand driven by artificial intelligence.

Walmart and Google said Sunday that shoppers will soon be able to use Google’s artificial intelligence assistant Gemini to more easily discover and buy products from the retail giant and its warehouse club, Sam’s Club.

Google parent Alphabet on Monday announced it will acquire Intersect, a data center and energy infrastructure company, for $4.75 billion in cash in addition to the assumption of debt.

Alphabet’s (GOOGL) cloud computing unit and cybersecurity company Palo Alto Networks (PANW) on Friday announced an expanded partnership that one source told Reuters was by far Google Cloud’s largest security services deal.

 Warby Parker (WRBY.N), said on Monday it is collaborating with Alphabet’s (GOOGL.O), opens new tab Google to develop lightweight AI-powered glasses, with the first product expected to launch in 2026.

NextEra Energy (NEE.N), said on Monday it has expanded its partnership with Google Cloud to scale up data center capacity by multiple gigawatts and boost energy infrastructure across the U.S.

Meta Platforms is discussing a potential multi-billion dollar deal with Google to purchase chips for its data centers beginning in 2027, according to a Tuesday report by The Information.

Nvidia shares fell on Tuesday after The Information reported that Meta is considering using chips designed by Google.

Alphabet’s (GOOGL.O), Google will make its final plea to avoid a breakup of its advertising technology business in a U.S. court on Friday, as the Department of Justice’s antitrust case draws to a close.