Seksan Mongkhonkhamsao | Moment | Getty Images French accounting software firm Pennylane has doubled its valuation to 2 billion euros ($2.16 billion) in a new 75 million euro funding round. Pennylane told CNBC that it raised the fresh funds from a host of venture funds, with Sequoia Capital leading the round and Alphabet’s CapitalG, Meritech…
Ruth Porat, President & Chief Investment Officer of Alphabet & Google, speaks during the Reuters NEXT conference, in New York City, U.S., December 10, 2024. Mike Segar | Reuters HOUSTON — Alphabet is aiming to slash the cost of building new nuclear reactors by deploying a series of small reactors through its deal with developer…
Alphabet, the parent company of technology giant Google, is no longer promising that it will never use artificial intelligence (AI) for purposes such as developing weapons and surveillance tools. The firm has rewritten the principles guiding its use of AI, dropping a section which ruled out uses that were “likely to cause harm”. In a…
Alphabet shares fell more than 9% in after-hours trading Tuesday after the company reported fourth-quarter results that missed on revenue expectations and announced more AI investments. Earnings per share for the Google parent company beat analyst estimates by two cents. Here are the numbers: Revenue: $96.47 billion vs. $96.56 billion expected by LSEG Earnings per share: $2.15 vs….
Sundar Pichai, CEO of Alphabet Inc. Kyle Grillot | Bloomberg | Getty Images Alphabet shares closed at $200 per share for the first time on Friday as investors grow increasingly bullish on the company’s opportunities in artificial intelligence. The stock gained 1.1% on Friday and a little more than 2% for the week to close…
