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Against the backdrop of the great changes brought by artificial intelligence, Sundar Pichai, CEO of Alphabet, addressed concerns over mass layoffs caused by AI in an interview with Bloomberg on Wednesday evening. He emphasized that AI will continue to drive Alphabet's growth instead of causing a large-scale loss of employee positions. I expect our current engineering phase will even extend into next year, as it allows us to do more,” Pichai said. He stressed that AI is helping engineers reduce mundane tasks.

During a recent earnings call, Alphabet CEO Sundar Pichai revealed that Waymo may in the future sell self-driving cars for personal ownership. This news sparked considerable interest. When questioned about Waymo's long-term business model, Pichai stated that in addition to expansion with partners like Moove and Uber, Waymo is considering future options for personal ownership. Image Note: Image generated by AI.

During Alphabet's recent Q1 2025 earnings call, Google CEO Sundar Pichai revealed that over 30% of Google's code is currently generated with the help of artificial intelligence (AI). This means that for every three code changes, developers accept an AI suggestion once. Pichai noted that AI-assisted programming is gaining strong momentum across teams with the introduction of more powerful models and proactive workflows. Proactive workflows refer to AI systems capable of planning and executing multi-step tasks. He stated:

According to AIbase, Google's parent company Alphabet has reaffirmed its $75 billion capital expenditure plan for 2025 in recent earnings calls and public statements. This underscores Google's continued commitment to infrastructure development, particularly in maintaining its leadership position in Artificial Intelligence (AI). The massive investment focuses on AI computing power. As a global tech giant, Google's capital expenditure plans are closely watched by the industry. AIbase analysis indicates that the reiterated $75 billion...

Alphabet Inc., Google's parent company, recently reaffirmed its capital expenditure plan of approximately $75 billion for 2023. This investment aims to expand data centers and acquire necessary chips and servers to support core business enhancements and the development of artificial intelligence (AI) services. Sundar Pichai, Alphabet's CEO, detailed the plan at Google Cloud's annual conference. Image note: Image generated by AI, image licensing service Mi.

Waymo, the autonomous driving division of Alphabet, has announced plans to launch tests of its self-driving car technology in Tokyo in early 2025. This will mark the first time the company's autonomous taxis operate on public roads outside of the United States. The expansion into Japan is part of Waymo's 'Road Trip' initiative, aimed at deploying its technology across multiple cities and conducting field tests, each facing unique challenges. In Tokyo, Waymo’s autonomous taxis will encounter different traffic conditions compared to the U.S., including left-side driving.

Adobe (ADBE) shares plummeted on Thursday as investors reacted to the company's disappointing guidance for 2025. The software company has taken longer than expected to convert its investments in content creation and digital marketing AI tools into profits. Following the company's fourth-quarter earnings report released late Wednesday, several Wall Street firms lowered their target prices for Adobe stock. Today, Adobe shares fell 13.7%, closing at $474.63. Year-to-date,

Recently, Accenture's earnings report wowed investors. The company's fourth-quarter revenue exceeded expectations, reaching $16.41 billion, a year-over-year increase of 2.6%. Particularly exciting is that Accenture's new business orders grew by 21%, reaching $20.1 billion, with orders for Generative AI surpassing $1 billion for the first time, totaling $3 billion for the year. Image source note: Image generated by AI, image licensed from Midjourney.

In recent market dynamics, artificial intelligence (AI) has become a hot topic. With a surge in interest in this field, more and more S&P 500 companies mentioned 'AI' during their Q2 earnings call. According to FactSet's document search tool, an analysis conducted between June 15 and September 13 of all 500 companies in the S&P index that held earnings calls revealed that 210 companies mentioned 'AI' in their meetings. This figure not only exceeds...

Nvidia's latest earnings report shows revenue reaching $30.4 billion, a 122% increase compared to the same period last year, exceeding analysts' expectations. Data center revenue grew by 154%, reaching $26.3 billion, becoming a focal point. Nvidia expects to set a new record for shipments next year, with founder and CEO Jensen Huang mentioning that the company's development is closely tied to the increasing complexity of AI models, aiming to drive an industrial revolution by reducing costs and expanding AI model scales. The significant growth in data center revenue reflects strong demand for AI.

SenseTime's 2024 mid-year earnings report reveals significant growth in the first half of the year, with revenue reaching 1.74 billion RMB, a year-on-year growth rate of 21%. The generative AI business has become a major source of revenue, increasing by 256% and accounting for 60.4% of total revenue. Xu Li, the company's executive chairman and CEO, stated that the strategic shift towards generative AI has achieved initial results, coinciding with a golden period for AI development. Strong performance is mainly attributed to robust demand in the Chinese market for large models and intelligent computing services, along with the growth of 'SenseNova'.

According to the latest report from the PARAT database, the competitive landscape of the global Artificial Intelligence (AI) industry is taking shape. The United States' Alphabet (Google's parent company) and Microsoft lead in AI paper citations, while China's Baidu and Tencent demonstrate strong momentum in patent applications. This report overturns traditional perceptions of the AI field, emphasizing the robust development of cutting-edge research in the industry, particularly the research quality of Chinese companies. 'Attention Is All You Need' paper.

It has been reported that Alphabet plans to invest an additional $5 billion into its autonomous driving subsidiary, Waymo, over the coming years. This significant announcement was made by Ruth Porat, Alphabet's Chief Financial Officer, during the company's second-quarter earnings call. Porat stated that this "multi-year investment" will align with the investment levels of recent years, aiming to support Waymo's efforts to solidify its position as a global leader in autonomous driving technology.

Google's parent company, Alphabet, is preparing for a major acquisition. According to The Wall Street Journal, Alphabet is in deep negotiations with cloud security company Wiz, with the deal potentially valued at $23 billion, which could become the largest acquisition in Alphabet's history.Wiz specializes in providing comprehensive cloud security solutions, capable of collecting data from major cloud platforms and conducting security risk analysis. Industry insiders believe this move aims to str

Reddit's stock price has surged 48% compared to its IPO price, as investors are optimistic about AI earnings. Bitcoin price has dropped to a two-week low, with market expectations of a Federal Reserve rate cut. Trump may gain $3.5 billion from Truth Social, which is set to go public. Reddit's successful IPO has resulted in mixed market reactions, with digital currencies and social media showing different trends.

["Dell predicts earnings for fiscal year 2025 will exceed expectations, primarily due to the growing demand for AI servers.", "AI servers equipped with Nvidia graphics processing units are experiencing a surge in orders.", "The personal computer market is recovering, and there is an optimistic long-term outlook due to AI."]