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Google: Recent AI Breakthroughs Will Likely Boost FY2025 Revenue Consensus
Seeking Alpha· 2024-12-19 16:04
Alphabet Inc. (NASDAQ: GOOG , NEOE: GOOG:CA , NASDAQ: GOOGL )'s stock recently hit all-time high after a sharp pullback in this summer. The rally has been largely driven by optimism around its AI investments and also supported by aI'm specialized in fundamental equity research, global macro strategy, and top-down portfolio construction. I graduated from UCLA with a degree of Business Economics and UMich Ross School of Business with a Master of Accounting. I'm a senior analyst at a multi-strategy hedge fund. ...
Here's Billionaire Investor Bill Ackman's Favorite Artificial Intelligence (AI) Stock -- and Why It's a No-Brainer Buy for 2025
The Motley Fool· 2024-12-19 09:47
Bill Ackman is outspoken. He's passionate. And he's one of the wealthiest people in the world, with a net worth of over $9 billion. Ackman doesn't talk much about artificial intelligence (AI), but that doesn't mean he isn't interested in profiting from the game-changing technology. Here's Ackman's favorite AI stock -- and why it's a no-brainer buy for 2025.An easy choiceWe don't have to scrutinize Ackman's investments and public comments to pick his favorite AI stock. His Pershing Square Capital Management ...
Amazon, Meta, Alphabet, Spotify Lead JPMorgan's 2025 Tech Picks For AI Potential
Benzinga· 2024-12-18 18:47
JPMorgan analyst Doug Anmuth has rolled out an optimistic internet 2025 outlook, emphasizing mega-cap tech leaders as top picks. The big winners? Amazon.com Inc AMZN, Meta Platforms Inc META, Alphabet Inc‘s GOOGL GOOG Google, and Spotify Technology SA SPOT. Despite "heavy capex investments," Anmuth expects "increasing returns" as artificial intelligence shifts to practical applications, driving growth in advertising, cloud, and software tools.Why 2025 Looks PromisingAnmuth highlights three transformative AI ...
Health AI startup Suki expands partnership with Google Cloud to deliver more assistive tech for clinicians
CNBC· 2024-12-18 12:00
Company Overview - Suki is a health-care AI startup that has expanded beyond clinical documentation through a new collaboration with Google Cloud [1] - The company's flagship product, Suki Assistant, automates clinical note-taking for doctors, reducing manual documentation efforts [2] - Suki's technology is used by 350 health systems and clinics in the US, and its client base tripled this year [7] New Features and Collaboration - Suki is building patient summary and Q&A features using Google Cloud's Vertex AI platform [1] - The patient summary feature provides clinicians with quick access to a patient's biographical information, visit history, and medical conditions with one click [4] - The Q&A feature allows clinicians to ask specific questions about a patient, such as medical history or test results, and receive automated responses [5] - Both features will be generally available early next year and will not incur additional costs for customers [5][6] Market Trends and Industry Impact - Administrative workloads, including documentation, are a major cause of burnout for US healthcare workers, with clinicians spending nearly 28 hours weekly on such tasks [8] - AI documentation tools like Suki's have gained significant popularity as they aim to reduce these workloads [8] - The healthcare AI market is highly competitive, with rivals such as Abridge and Microsoft's Nuance Communications also offering AI documentation tools [9] Funding and Growth - Suki closed a $70 million funding round in October, reflecting investor interest in AI-driven healthcare solutions [9] - The company's new features and expanded capabilities could help it differentiate itself in a competitive market [7]
Alphabet's AI, Quantum Breakthroughs Drive Gains
FX Empire· 2024-12-18 10:05
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Alphabet: Room To Run Higher
Seeking Alpha· 2024-12-18 07:07
Alphabet Inc. (NASDAQ: GOOG ) (NASDAQ: GOOGL ) is an American multinational technological company headquartered in California. While it is the parent company of Google, the search engine, it is more popularly known as Google, a name synonymous withI am Shubhm Thakkar, a student at the Indian Institute of Management - Indore. I have cleared the CFA Level 1 examination and am due to appear for the CFA Level 2 in November 2024. I have past experience publishing on Seeking Alpha as part of my internship at Que ...
The DOJ wants a Perplexity executive to testify in its Google antitrust case
TechCrunch· 2024-12-17 22:34
A U.S. court ruled in August that Google has a search monopoly, and while Google appeals, the Justice Department is figuring out what kind of potential penalties to impose — like breaking off Chrome. As part of this process, the DOJ wants to call on a specific witness, according to a recent court filing: Dmitry Shevelenko, chief business officer of Perplexity, an AI search provider most recently valued at $9 billion, per Reuters.   Perplexity and other generative AI tools like OpenAI’s ChatGPT Search have ...
ChatGPT search engine rolls out for all as OpenAI takes aim at Google
Proactiveinvestors NA· 2024-12-17 17:56
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Google joins $90M investment into Cassava to bolster Africa's digital infrastructure
TechCrunch· 2024-12-17 16:48
With cloud spend continuing to surge, tech companies are scrambling to meet demand for the necessary infrastructure, with the growing need for AI compute only adding fuel to the fire.By way of example, Microsoft and BlackRock have created a $30 billion fund to support new data centers and energy infrastructure for the burgeoning AI boom, and Meta is planning a new $10 billion subsea cable that will span the entire globe. Google, for its part, recently announced Umoja, the first subsea fiber-optic cable to c ...
Google: Ultimate Synergy Play Among Big Tech
Seeking Alpha· 2024-12-17 07:47
Alphabet (NASDAQ: GOOG ) doesn't just operate in some of the most profitable high-growth sectors, it is deeply embedded in all of them. From the massive search and digital advertising markets to the rapidly emerging trillion-dollar arenas of AI, cloud computing, streaming, andAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my o ...