Alphabet hit with double downgrades on AI fears

Alphabet hit with double downgrades on AI fears

Alphabet CEO Sundar Pichai Hardik Chhabra/ The India Today Group via Getty Images The Google search bears, fearing a near-term defeat by generative AI, have spoken. Google’s parent company Alphabet has been hit with a double-duty downgrades from Wall Street analysts this week, as UBS AG and Bernstein both warned of the near-term threat that … Read more

Alphabet bets on lasers to provide Internet in remote areas

Alphabet bets on lasers to provide Internet in remote areas

MOUNTAIN VIEW, Calif., June 26 (Reuters) – Google’s parent Alphabet (GOOGL.O) has already tried unsuccessfully to bring Internet access to rural and remote areas using high-altitude balloons into the stratosphere. But now, the company is providing Internet services to remote areas using beams of light. The project known as Taara is part of Alphabet’s innovation … Read more