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Billionaire hedge fund manager Bill Ackman owns just one AI stock, and it's a member of the "Magnificent Seven."
The market has recently soured on this $2 trillion technology leader, but investors could be missing the forest for the trees.
Less than three months ago, the Nasdaq Composite hit an all-time high, continuing a solid run that began two years ago. Since that mark, the index is down over 13%, including a 9% drop this year, and is in correction mode (as of March 11).
The DOJ and a coalition of 38 state attorneys general still seek a court order requiring Google to sell its Chrome browser and take other measures aimed at addressing what a judge said was Google's illegal search monopoly, according to court papers filed in Washington.
Gorilla Technology Group Inc. surges with AI-driven growth and a $2B pipeline. Click for GRRR smart grid project, profitability challenges, and market risks.
Through this partnership, Glance will tap into Google Cloud's AI solutions, including Gemini's intelligence capabilities and Imagen's advanced image generation technology via Vertex AI.
The question is, "what lessons and implications" Google can glean from DeepSeek's success as the company trains future models.
Alphabet's Google on Wednesday announced updates to its Gemini family of large language models, including a new product line with competitive pricing to low-cost artificial intelligence models like that of Chinese rival DeepSeek.