Alphabet Inc. (GOOG) has been a focal point in the market due to developments in various sectors. These include advancements in
Artificial Intelligence (AI) like the launch of
ChulaGENIE AI project in partnership with Thai University and the development of AI system by DeepMind for real-time digital personality replication.
Challenges in combating deepfakes with content watermarking technology and increasing AI rivalry pose difficulties. Yet, there's the breakthrough in quantum computing with
AlphaQubit and the launch of AI-enhanced features in Google Chrome, which could potentially be worth $20B. AI adoption is also increasing among US workers.
Advertising revenues are powering Alphabet's earnings leading several wealth management and investment firms to adjust their stakes in the company. However, the company's shares moved lower last quarter due to various factors. There are lawsuits and antitrust challenges, the
DOJ's push for Google to sell Chrome and implications of the AI's impact on publishers' traffic and engagement. Google's partnership with Publicis Sapient aims to accelerate generative AI adoption for enterprises. Despite these mixed signals, some analysts still forecast Alphabet's market value hitting $3 trillion by 2025.
Alphabet GOOG News Analytics from Thu, 24 Oct 2024 07:00:00 GMT to Sat, 30 Nov 2024 15:22:48 GMT -
Rating 2
- Innovation 8
- Information 7
- Rumor 3