NVIDIA (NVDA. O) has teamed up with Alphabet's Google to help design quantum computing processors. Google's quantum artificial intelligence (Quantum AI) unit will use NVIDIA's Eos supercomputer to accelerate the design of quantum components. The idea is to promote the physics that requires quantum processors to operate, helping them overcome many of their current limitations.
Alphabet (GOOGL. O) 2024 Q3 revenue of $88.268 billion, the same period last year 76.69 billion dollars, the market expected $86.31 billion.
Alphabet (GOOGL. O) 2024 Q3 net profit 26.301 billion dollars, the same period last year 19.69 billion dollars, the market is expected to 22.85 billion dollars.
Google's parent company Alphabet's third fiscal quarter revenue is $88.27 billion, analysts expect $86.45 billion; third fiscal quarter earnings per share are $2.12, analysts expect $1.84; third fiscal quarter Google cloud revenue is $11.35 billion, analysts expect $10.79 billion; fourth fiscal quarter Google advertising revenue is $65.85 billion, analysts expect $65.50 billion; third fiscal quarter YouTube advertising revenue is $8.92 billion, analysts expect $8.89 billion; third fiscal quarter...
Sandbox AQ, an artificial intelligence startup spun out of Alphabet Inc., is seeking a new round of equity funding at a valuation of more than $5 billion, according to people familiar with the matter. The company is in talks with potential investors, the people said. The valuation of more than $5 billion is the valuation before the financing, which means it does not include the amount raised. Terms of the deal have not been finalized.
Alphabet's Google continues its efforts to integrate artificial intelligence (AI), adding the Gemini AI team to the DeepMind research lab.
Google's parent company Alphabet Inc. must lift restrictions to allow developers to build marketplaces that compete with its Google Play Store, a US judge has ruled, upending Google's dominance of the lucrative Android app store. A federal judge in San Francisco ruled in favour of Epic Games Inc. on Monday in its long-running antitrust lawsuit against Google's app store. Google said it will appeal the decision in the Epic Games antitrust case; it will ask the court to suspend the injunction of t...