Google’s cloud business is thriving, as companies adopting its AI and AI infrastructure services help the tech giant to report record profits.
Alphabet, Google’s parent company, is reportedly working on a new chip designed to make its Gemini models run much more efficiently.
If Alphabet’s record-breaking, $85 billion stock sale signals investor appetite for AI-related offerings, we can see that investors are ready to chow.
Google and SpaceX are in talks to build data centers in orbit, pitching space as the future home for AI compute, even as costs today remain far higher than on the ground.
Google Cloud topped $20B in quarterly revenue for the first time, fueled by surging demand for AI. But capacity constraints mean it could have grown even faster.
Most of it is tied to performance, including new stock incentives linked to Waymo and Wing, its drone delivery venture.
Nearly five years after graduating into an independent Alphabet company, Intrinsic is moving under Google’s domain.
The round, led by Dragoneer Investment Group, DST Global, and Sequoia Capital, now values the autonomous vehicle company at $126 billion.