Alphabet, Google’s parent company, is facing heightened scrutiny from investors due to its significant investments in artificial intelligence (AI) during a period of slowing growth in Google Cloud. In 2024, Alphabet’s capital expenditures reached around $50 billion, with expectations for further increases in 2025 to bolster cloud expansion and AI-enhanced search features. This considerable spending has raised alarms among investors, particularly as revenue growth slowed during the holiday quarter, affected by declines in advertising and cloud services. The competitive landscape has become more challenging with the rise of companies like…
Read MoreSaturday, February 15, 2025
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- Meta is set to announce layoffs on Monday, according to an internal memo that has come to light.
- OpenAI's Altman envisions an AI initiative for Europe that resembles the concept of a "Stargate.
- OpenAI Co-Founder Sutskever’s SSI is reportedly in discussions for a valuation of $20 billion.
- TikTok will allow U.S. Android users to download the app directly from kits available on its website.
- Amazon has announced robust earnings for the fourth quarter, yet its stock prices have taken a hit due to a cautious outlook for the first quarter.
