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Stockreport

Federal government launches consultations on $2-billion AI investment [Financial Post (Toronto, Ontario, Canada)]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Financial Post
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The federal government has launched consultations on how to spend the $2 billion in artificial-intelligence investments it announced in April's budget. The government hopes these investments over the next five years will help scale-up Canadian-owned infrastructure for researchers and AI developers, given that the adoption of this technology requires a large amount of computing power. Article content “Insufficient domestic computing capacity exposes Canadian researchers and firms to fragile international supply chains for AI computing power, posing challenges in terms of cost, security of access, and the privacy and security of Canadian data,” a statement by the government said. Many of the inputs that are required for AI are scarce and they are expensive. Many AI startups end up relying on cloud services provided by big tech giants such as Alphabet Inc., Microsoft Corp. and Amazon.com Inc. The consultations will take place from June 26 to September 6 and will include resear [Read more]
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Stockreport

Federal government launches consultations on $2-billion AI investment [Financial Post (Toronto, Ontario, Canada)]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Financial Post
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
The federal government has launched consultations on how to spend the $2 billion in artificial-intelligence investments it announced in April's budget. The government hopes these investments over the next five years will help scale-up Canadian-owned infrastructure for researchers and AI developers, given that the adoption of this technology requires a large amount of computing power. Article content “Insufficient domestic computing capacity exposes Canadian researchers and firms to fragile international supply chains for AI computing power, posing challenges in terms of cost, security of access, and the privacy and security of Canadian data,” a statement by the government said. Many of the inputs that are required for AI are scarce and they are expensive. Many AI startups end up relying on cloud services provided by big tech giants such as Alphabet Inc., Microsoft Corp. and Amazon.com Inc. The consultations will take place from June 26 to September 6 and will include resear [Read more]
IMPACT SNAPSHOT
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GOOG
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Price Change %
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Performance comparison Updated
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Multi-day stock performance from the time of the news release
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