AI leaders are hustling. Sam Alman is heading to late night as Open [music] AI feels the pressure. >> Open AAI CEO Sam Alman reportedly declaring code red as Google's Gemini steals the spotlight.>> Jensen Huang, he continues to shuttle [music] between Washington and Beijing trying to navigate an impossible geopolitical hand. >> Nvidia has been banned from going to China. Not to mention, China has banned Nvidia going to China.I think we're the first company in history that has been banned on both sides. And ...

Core Viewpoint - Waymo plans to voluntarily issue a software recall to address concerns regarding its robotaxis' operation around school buses, following scrutiny from federal regulators and local officials [1][6]. Group 1: Incident Overview - The National Highway Traffic Safety Administration (NHTSA) initiated an investigation into Waymo after observing footage of its robotaxi maneuvering around a stopped school bus with its stop sign extended and lights flashing in Atlanta [2]. - Reports from the Austin School District indicated that Waymo's robotaxis illegally passed school buses 19 times in the current year, prompting further inquiries from regulators [4]. Group 2: Company Response - Waymo updated its software on November 17, claiming that the update significantly improved performance in scenarios involving school buses, asserting that it now performs better than human drivers [3][6]. - The company emphasizes its commitment to safety, stating that no injuries have occurred related to the behavior addressed by this recall, and it will continue to analyze and improve vehicle performance [6][7]. Group 3: Industry Context - Software recalls are increasingly common in modern vehicles, including robotaxis, where operations are primarily managed by software. These updates often occur before an official recall is filed with the federal government [8].

Core Points - A U.S. judge finalized the consequences for Google regarding its search monopoly ruling, adding new details to the remedies [1][2] - Google was previously found to hold an illegal monopoly in internet search, with minimal consequences from the Department of Justice's proposed remedies [1][2] - Alphabet shares increased by 8% in extended trading, indicating investor relief over the perceived minimal impact of the ruling [2] Summary by Sections - **Antitrust Case Background** - The antitrust trial commenced in September 2023, with a ruling made by U.S. District Judge Amit Mehta [3] - The judge ruled against the most severe consequences proposed, such as the forced sale of Google's Chrome browser [2] - **Remedies and Restrictions** - Google is allowed to make payments to preload products but cannot have exclusive contracts that condition payments or licensing [3] - The company must loosen its hold on search data and make certain search index data and user interaction data available, excluding ads data [3] - **Market Reaction** - Investors largely viewed the ruling as non-impactful, although some noted it could still have negative implications for Google [2]

Waymo said Friday it would issue a recall for its self-driving vehicles after Texas officials said the Alphabet unit's vehicles had illegally passed school buses at least 19 times in recorded incidents since the start of the school year. ...

Core Insights - Leading AI developers are increasingly focused on creating models that mimic human reasoning, but these models are significantly more energy-intensive, raising concerns about their impact on power grids [1][4]. Energy Consumption - AI reasoning models consume, on average, 30 times more power to respond to 1,000 prompts compared to alternatives without reasoning capabilities [2]. - A study evaluated 40 open AI models, revealing significant disparities in energy consumption; for instance, DeepSeek's R1 model used 50 watt hours with reasoning off and 7,626 watt hours with reasoning on [3][6]. - Microsoft's Phi 4 reasoning model consumed 9,462 watt hours with reasoning enabled, compared to 18 watt hours with it disabled [8]. Industry Concerns - The rising energy demands of AI have led to scrutiny, with concerns about the strain on power grids and increased energy costs for consumers; wholesale electricity prices near data centers have surged by up to 267% over the past five years [4]. - Tech companies are expanding data centers to support AI, which may complicate their long-term climate objectives [4]. Model Efficiency - The report emphasizes the need for understanding the evolving energy requirements of AI and suggests that not all queries necessitate the use of the most energy-intensive reasoning models [7]. - Google reported that its Gemini AI service's median text prompt used only 0.24 watt-hours, indicating a lower energy consumption than many public estimates [9]. Industry Leadership Perspectives - Tech leaders, including Microsoft CEO Satya Nadella, have acknowledged the need to address AI's energy consumption, emphasizing the importance of using AI for societal benefits and economic growth [10].

Both hardware and software will define the next iteration of AI -- and Alphabet could be a key player in both.No one knows exactly what the next phase of artificial intelligence (AI) will be, but there are some early indicators of what both large and small tech companies are shifting toward. The first is more diversification in AI hardware. The second is increased incorporation of AI software that's useful and works well with existing tech tools.Both of these ideas could define the next phase of AI, as comp ...

据行业人士透露，谷歌推出Gemini 3系列模型后，OpenAI也将推出GPT-5.2。目前该模型已经准备就 绪。知情人士称，GPT-5.2应该能弥补谷歌上个月发布Gemini 3所拉开的差距。 据行业人士透露，谷歌推出Gemini 3系列模型后，OpenAI也将推出GPT-5.2。目前该模型已经准备就 绪。知情人士称，GPT-5.2应该能弥补谷歌上个月发布Gemini 3所拉开的差距。 自11月18日发布Gemini 3以来，谷歌股价累计上涨超12%，远强于其余科技巨头的同期表现。谷歌的最 新大模型不仅问鼎"大模型排行榜"，也令竞争对手奥尔特曼和马斯克都公开叫好。 责任编辑：张俊 SF065 自11月18日发布Gemini 3以来，谷歌股价累计上涨超12%，远强于其余科技巨头的同期表现。谷歌的最 新大模型不仅问鼎"大模型排行榜"，也令竞争对手奥尔特曼和马斯克都公开叫好。 责任编辑：张俊 SF065 ...

Group 1 - The stock market is showing resilience despite not being in a strong upward trend, with a significant test approaching [1] - Investors are focused on the upcoming Federal Reserve rate decision, with rising optimism that a rate cut is likely, contributing to a recovery in major indexes [2][4] - The "Magnificent Seven" tech stocks faced a potential technical correction due to concerns over AI spending, with Nvidia's recent earnings report failing to alleviate these fears [3][8] Group 2 - Sectors previously underperforming, such as healthcare and energy, have started to lead the market, with over 60% of S&P 500 stocks outperforming the index last month [5] - The Dow Jones Transportation Average has risen for nine consecutive days, indicating bullish sentiment for stocks when paired with a rising Dow Jones Industrial Average [6] - The Federal Reserve is facing a challenging decision regarding interest rates, with mixed signals from labor market data and a divided stance among policymakers [10][11]

来源：中国基金报 【导读】美股上涨，白银价格继续暴涨创新高，中概股大涨，背后三大利好消息 | 索威尔 | 0.967 | +12.03% | | --- | --- | --- | | us LHSW.OQ | | | | 奇梦岛 | 5.53 | +11.39% | | us HERE.OQ | | | | 叮咚买菜 | 2.15 | +10.33% | | us DDL.N | | | | 虎牙 | 3.03 | +8.04% | | US HUYA.N | | | | 亿咖通科技 | 2.09 | +7.47% | | us ECX.OQ | | | | 百度 | 124.84 | +5.15% | | us BIDU.OQ | | | | 新氧 | 3.26 | +4.66% | | us SY.OQ | | | | Epsium Enterprise Limited | 3.98 | +4.46% | | us EPSM.OQ | | | | 万国数据 | 35.18 | +4.14% | | us GDS.OQ | | | | 信也科技 | 5.21 | +3.99% | | us FINV.N ...

Alphabet Inc./Google ( GOOGL ) is on fire in 2025, with a 67% year-to-date rally. The momentum remains strong, as the stock has gained 35% since my September Strong Buy call , and thisComing from an IT background, I have dived into the U.S. stock market seven years ago by managing portfolio of my family. Starting managing real money has been challenging for the first time, but long hours of mastering fundamental analysis of public companies paid off and now I feel very confident in my investment decisions. ...