Google, NVIDIA
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The internet giant has released new AI software and struck deals, such as a chip tie-up with Anthropic PBC, that have reassured investors the company won’t easily lose to ChatGPT creator OpenAI and other rivals.
Alphabet is closing in on a major milestone as investor excitement around AI accelerates. A recent high-level agreement could significantly alter how global institutions manage their most sensitive data.
To be clear, Nvidia’s graphics processing units (GPUs) remain the gold standard for the AI industry. But Google’s TPUs — which power its highly praised Gemini 3 — are cheaper to develop and require less power. Some industry experts estimate that TPUs offer up to four times better performance per dollar than comparable GPUs.
In a brutal month for AI-related tech stocks, Google-parent Alphabet has been bucking the trend. It isn’t as if Google has become some sort of AI counterplay. The company is squarely in the race to develop the most advanced AI models and is spending mind-blowing sums to do it.
Google initially faced pressure due to fears that it fell behind in the AI race and lost ground to AI models. Google Cloud serves as the backbone for many AI applications and is fueling the next stage of growth. Physical AI like Waymo and Gemini Robotics may be Google's biggest opportunity.
Retail investors can benefit from investing in artificial intelligence (AI) companies that are bringing the next-generation transformation. The global AI market is set to hit $4 trillion by 2033, and this means several companies will see higher valuations,
7hon MSN
Larry Ellison Retakes The No. 3 Richest In The World Spot From Google’s Brin Amid AI Shakeup
Economists pulled back on bearish takes for Oracle, fueling a stock rebound for Ellison’s firm while returning billions to his net worth.
Certain Wall Street analysts expect Broadcom and Meta Platforms to join Nvidia, Apple, Alphabet, Microsoft, and Amazon in the $2 trillion club.