ALPHABET INC-CL A - CybAI news

30 Jul

Google’s Anthropic AI Deal Gets Closer UK Regulator Scrutiny

stp2y0 CommentsRAG modelsALPHABET INC-CL A, AMAZON.COM INC, artificial intelligence, Corporate Governance, Government, investing, MICROSOFT CORP, regulation, startups, Technology, United Kingdom

Google’s partnership with US startup Anthropic will get deeper scrutiny from the UK’s antitrust watchdog, adding to the growing number of probes into the wave of big tech investment in artificial intelligence. The Competition and Markets Authority said Tuesday it was gathering information from market players to determine whether the Alphabet Inc. unit’s tie up qualifies as a merger and harms UK competition. Source link lol

30 Jul

Microsoft Needs to Show Azure Strength to Stem Great Rotation

stp2y0 CommentsRAG modelsALPHABET INC-CL A, AMAZON.COM INC, APPLE INC, artificial intelligence, Earnings, Fund Manager, MICROSOFT CORP, Software Company, Technology, Valuation, Wall Street

After a $2.3-trillion Nasdaq 100 wipeout, investors are nervously awaiting Microsoft Corp.’s earnings report to see whether the software maker can turn the tide.Traders are increasingly concerned that tech firms aren’t yet seeing returns from heavy investments in artificial intelligence. Shares in Alphabet Inc. slid last week after the Google parent reported higher-than-expected spending, adding to a broader selloff for Big Tech. That’s raised the bar for Microsoft, which is trading at a fairly hefty valuation of about 32 times projected profits and needs to show AI-related spending is translating into sales growth for its Azure cloud business. Source link…

14 Jul

Google Nears $23 Billion Deal for Cybersecurity Firm Wiz, WSJ Reports

stp2y0 CommentsRAG modelsALPHABET INC-CL A, Americas, business, cybersecni, cybersecurity, Markets, startups, Technology, United States, Wall Street

Google parent Alphabet Inc. is in advanced talks to buy cybersecurity startup Wiz in a deal that could fetch $23 billion, the Wall Street Journal reported, citing people with knowledge of the matter.The deal would be Alphabet’s largest acquisition ever and could come together “soon,” the newspaper said. Source link lol

07 Jun

British Startups Just Can’t Seem to Scale

stp2y0 CommentsRAG modelsALPHABET INC-CL A, artificial intelligence, business, Conservative, europe, Government, politics, science, startups, Technology, United Kingdom, venture capital, view, Wealth

This is part of a series on what 14 years of Tory rule have delivered for Britain’s economy, society and standing in the world. The challenges awaiting the next government are numerous. Britain takes a third of all the money flowing from venture capital investors into Europe and has done so almost consistently for the last 14 years. Its ecosystem has thrived independent of Conservative Party policies, thanks in part to its wealth of English speakers and world-class universities. Even Brexit failed to stop talented engineers from taking jobs at British tech firms, many of whom count around a third…