alphabet

Billionaire investor Bill Ackman has clarified that Pershing Square's sale of alphabet (Google) shares was not a bearish call on the company. Ackman said his hedge fund offloaded its long-held Google stake to fund a fresh $2.1 billion Microsoft position, betting on the software giant's AI prospects, Azure cloud growth, and Copilot adoption after a steep stock decline this year.

Berkshire Hathaway, under new CEO Greg Abel, has significantly altered its investment strategy. Abel has more than tripled the stake in alphabet (Google's parent company) and completely sold off Amazon shares, a departure from Warren Buffett's long-held tech aversion. Additionally, Berkshire made a substantial investment in Delta Airlines, another sector Buffett previously expressed skepticism about.

Google plans a massive $190 billion investment in AI infrastructure, a six-fold increase from 2022, signaling a strong push into custom silicon with its new TPU 8th generation. This strategic move aims to reduce reliance on third-party chip suppliers like Nvidia, enhancing both training and inference capabilities for its AI models and services.

Top tech CEOs from Google, Meta, TikTok, and Snap are summoned to Washington for a crucial hearing on child online safety. Facing mounting pressure from lawmakers and thousands of lawsuits alleging harm to young users, these tech giants are under scrutiny. TikTok's CEO also faces unique questions regarding its US operations.

As many tech giants pull back on hiring, SpaceX is bucking the trend, actively recruiting brilliant engineers and physicists to expand its AI team, regardless of their background in artificial intelligence. Elon Musk believes that 'smart humans figure it out fast' and is challenging aspirants to demonstrate their extraordinary capabilities through three impactful bullet points.

Google-parent alphabet is close to becoming the world's most valuable company. A strong stock rally, booming cloud business, and AI advancements are driving this surge. alphabet's significant AI investments are now paying off. Its Google Cloud segment shows rapid growth. alphabet is also competing with Nvidia in selling custom AI chips.

YouTube, Snap, and TikTok have reportedly settled a major lawsuit alleging their platforms fueled a youth mental health crisis. The Kentucky school district's case claimed addictive designs harmed students, increasing school costs. While Meta faces trial, these settlements resolve claims against the other tech giants, though terms remain undisclosed.

Zoho founder Sridhar Vembu warns the AI boom is a massive investment bubble, potentially the largest yet. A viral post claims AI growth relies on 'round trip revenue loops,' where tech giants fund AI startups with cloud credits, which startups then spend on those same giants' servers. This creates inflated revenue and paper profits, mirroring the dot-com crash.

Tesla bull Ross Gerber urges incoming Apple CEO John Ternus to partner with Google for AI dominance, citing Gemini's strength. He suggests integrating Google's AI and Waymo into Apple's ecosystem. Gerber also advises Ternus to explore new products like smart glasses and health trackers to reclaim tech leadership.

SpaceX is urging the FCC to end a $4.5 billion fund that subsidizes rural broadband. The satellite internet company argues its services have already solved the connectivity gap by offering fast, competitive rates nationwide. SpaceX believes these legacy programs are now redundant due to technological advancements and increasing competition.

European regulators have given Google more time to fix its antitrust issues. The European Commission found Google's initial solutions not strong enough. The investigation focuses on Google's Digital Markets Act compliance. Concerns include unfair service prioritization and AI model training. Adtech practices are also under scrutiny. Penalties for violations can be severe.

alphabet, Google's parent company, has launched a new multi-tranche euro bond offering, aiming to raise at least €3 billion. This move follows a significant US dollar bond sale and aims to fund general corporate purposes, including substantial investments in AI data centers. The offering highlights tech giants' increased capital-raising efforts for long-term AI infrastructure development.

Hailing from Madurai, Sundar Pichai's journey to CEO of Google and alphabet exemplifies following one's passion. His advice to youngsters: "It is important to follow your dreams and heart. Do something that excites you." This philosophy encourages pursuing interests over external expectations, highlighting that passion fuels effort and leads to fulfilling success and happiness.

After years of being labeled a 'banter club' for their beautiful yet often ineffective play, Arsenal has finally broken their Premier League drought. Under Mikel Arteta, the team embraced a more pragmatic and resilient style, prioritizing set-piece dominance and an 'us-vs-them' mentality to secure their first title since 2004.

Sundar Pichai, CEO of Google and alphabet, is known for his calm leadership, a style that proved crucial during the AI race. Despite criticism following ChatGPT's viral success, Pichai maintained a steady approach, focusing on internal quality. This strategic patience, cultivated over a decade, has positioned Google's diverse projects for a future centered on AI.

Cybercriminals have reportedly leveraged artificial intelligence to craft a potent hacking tool capable of circumventing security measures in a widely used system administration software. Google's security team uncovered this novel threat, which exploited an unknown vulnerability to bypass multi-factor authentication. The developer was alerted and patched the flaw before it could be weaponized, marking a significant development in AI-driven cyberattacks.