Alphabet has reached a $4 trillion market valuation, joining Nvidia, Microsoft, and Apple. The company's stock rose significantly after Apple announced a partnership to utilize Google's Gemini AI models for its services. Alphabet's strong performance has been bolstered by advancements in AI technology and growth in its cloud business, surpassing Apple in market capitalization.
Alphabet has reached a $4 trillion market valuation, joining Nvidia, Microsoft, and Apple. The company's stock rose significantly after Apple announced a partnership to utilize Google's Gemini AI models for its services. Alphabet's strong performance has been bolstered by advancements in AI technology and growth in its cloud business, surpassing Apple in market capitalization.
Warner Music Group settled its copyright lawsuit against Suno, marking the first major label partnership with the AI company, which has secured $250 million in funding. Meanwhile, Universal Music Group and Sony Music continue litigation against Suno for alleged copyright infringement, raising discussions on the future of AI in music.
KEY POINTS:
• China's first atomic quantum computer, Hanyuan-1, has entered commercial use with orders exceeding 40 million yuan ($5.6 million), according to the South...
KEY POINTS:
• Around 10,000 protesters gathered outside Lithuania's parliament on December 9, according to police estimates reported by LRT and Bloomberg via Baltic News...
HSBC Global Investment Research forecasts OpenAI will need $207 billion in new funding by 2030, despite projected revenues of over $213 billion. The company's infrastructure costs may reach $792 billion, with significant investments from cloud providers. OpenAI's trajectory presents challenges for debt financing and raises concerns about broader AI economic returns.
Alphabet has reached a $4 trillion market valuation, joining Nvidia, Microsoft, and Apple. The company's stock rose significantly after Apple announced a partnership to utilize Google's Gemini AI models for its services. Alphabet's strong performance has been bolstered by advancements in AI technology and growth in its cloud business, surpassing Apple in market capitalization.
Warner Music Group settled its copyright lawsuit against Suno, marking the first major label partnership with the AI company, which has secured $250 million in funding. Meanwhile, Universal Music Group and Sony Music continue litigation against Suno for alleged copyright infringement, raising discussions on the future of AI in music.
KEY POINTS:
• China's first atomic quantum computer, Hanyuan-1, has entered commercial use with orders exceeding 40 million yuan ($5.6 million), according to the South...
KEY POINTS:
• Around 10,000 protesters gathered outside Lithuania's parliament on December 9, according to police estimates reported by LRT and Bloomberg via Baltic News...