Alphabet Inc. Defies AI Doubters, Adding $115 Billion to Value

Alphabet adds $115 billion in value after proving AI doubters wrong

You don’t like Google, but you also don’t want Micros. AI Licenses aims to corner the AI market and create a monopoly.

Alphabet Inc. (Bloomberg), is back at the game. Most Read from BloombergA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt Deadlock Spurs Late Day Slide in US Stocks: Markets WrapGoogle Billionaire Sergey Brin Gifts $600 Million in Surging SharesBiden, McCarthy Voice Cautious Optimism on Debt Deal After TalksGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterShares of the Google-owner had Biden and McCarthy Voice Cautious optimism on Debt Agreement After TalksGoogle Billionaire Sergeybrin Gifts $600 million in Surging SharesA 32-Year Old Nears Billionaire status by Using AI To Broker Japan MergersMarkets WrapGoogle Billionaire Sergeybrin Gifts $650 Million in Surging SharesBiden and McCarthy Voice Cautious Hopefulness on Debt Deal after TalksGoldman banker wins promotion, then leaves for rival two weeks laterShares of the Google Since it announced its latest AI tools last week at a developer conference, the stock has gained 12%. This represents a $160 billion increase in market value, erasing any underperformance compared to peers such as Apple Inc.

Source:
https://finance.yahoo.com/news/alphabet-adds-115-billion-value-093007991.html

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