Alphabet Inc. is a multinational technology company that is best known for its role as the parent company of Google and various other subsidiary ventures
It specializes in a wide array of internet-based products and services, including search engine technology, online advertising, cloud computing, software development, and consumer electronics. Beyond Google's flagship search engine, Alphabet encompasses platforms like YouTube, Android, and Google Cloud, while also investing in innovative fields such as artificial intelligence, healthcare, and autonomous vehicles. The company's mission is to organize the world’s information and make it universally accessible and useful, driving advancements in technology and improving user experiences across its diverse offerings.
The Sam Altman-led OpenAI has put forth a proposal to the Trump administration, urging for a rapid acceleration in AI development and a reduction in regulation.
Amazon.com Inc. Alphabet Inc.'s Google, Meta Platforms Inc. and Dow Inc. have joined a growing coalition of companies pledging support to triple global nuclear capacity by 2050, signaling a significant shift in how tech companies plan to power their energy-intensive operations.
In a significant procedural victory, Apple (AAPL) has successfully shielded its commercially sensitive information from its opponents in an ongoing antitrust case in India.
Traditional nuclear power providers also registered gains on the news. Constellation Energy Corporation shares climbed nearly 5%, while Vistra’s stock jumped more than 10%.
Nuclear stocks like NuScale Power, Oklo, and Cameco got a boost from NVIDIA's forecast that AI compute needs would grow by 100X in the next generation of models
