Google has introduced new, cost-effective AI models under its Gemini family, responding to increasing competition and concerns over the escalating costs of artificial intelligence. The new...
Etiket: Capital Expenditures
Alphabet Shares Drop Amid Cloud Growth Concerns and Rising AI Spending
Alphabet’s stock dropped by 8% on Wednesday, driven by investor concerns over the company’s slowing cloud growth and planned capital expenditures of $75 billion for the...
Meta Shares Surge 6% on Strong Q2 Earnings and Positive Revenue Forecast
Meta shares jumped 6% on Thursday after the company reported second-quarter earnings that exceeded Wall Street’s expectations and provided an optimistic revenue forecast. Key Figures: •...