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Alphabet Inc. (GOOG)'s AI Agents Fuel Google Cloud Growth, Wedbush Raises Confidence with $205 Price Target [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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The latest developments in the AI industry from a business perspective highlight a growing momentum, driven by significant investments, innovative product launches, and both regulatory and market challenges. One notable development is the rise of Safe Superintelligence, a company founded by previous OpenAI bigwig Ilya Sutskever, which recently secured $1 billion in funding to advance AI systems with a focus on safety. This significant capital raise from major venture capital firms like Andreessen Horowitz and Sequoia Capital underscores the growing concerns around AI safety, as companies work to ensure that AI technologies are both powerful and aligned with human values. Similarly, the market selloff of Wall Street's favorite GPU maker following a stellar earnings report, resulting in a market value loss of close to $280 billion, reflects investor anxieties over the sustainability of AI growth, compounded by concerns over regulatory scrutiny. Another major business development that
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- Assets in actively managed ETFs top $1 trillion worldwide [Yahoo! Finance Canada][Yahoo! Finance Canada]
- Google Defends Ad Tech as Safe, Says It Rivals Meta, Amazon [BNN Bloomberg (Canada)][BNN Bloomberg]
- Google Defends Ad Tech as Safe, Says It Rivals Meta, Amazon [Yahoo! Finance][Yahoo! Finance]
- 40 Richest People in the World Who Came From Poor Families [Yahoo! Finance][Yahoo! Finance]
- OpenAI was a research lab — now it's just another tech company [Verge, The][Verge, The]
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