20 days ago
America's older households sit on nearly $140 trillion in wealth, and much of it showed up recently.
Households age 55 and over held around three-quarters of the nation's total net worth in the second quarter of 2026, according to an Oct. 1 report from Bank of America Institute, based on ******* ysis of Federal Reserve data. "With equity markets rising strongly," wrote senior economist David Michael Tinsley, those households have seen "a more than 20% increase in their net worth over the past two years."
That rally has run on AI. The Magnificent Seven accounted for more than half of the S&P 500's gains last year, Fortune reported in April, and Goldman Sachs strategists found technology stocks drove 85% of the index's return through mid-May this year. "AI-driven return has been the single most important structural driver of equity performance," Capgemini's Luca Russignan told Yahoo Finance in June. Boomers own 54% of all U.S. stocks.
That's a lopsided split. Americans 55 and over make up about 31% of the population, according to Census Bureau estimates, but control roughly 75% of its net worth.
The pile gives many older Americans what the institute calls "considerable capacity to spend on travel and other leisure categories." Add their growing share of the population and their extra free time, and they become an increasingly influential market for businesses chasing consumer dollars. The BofA report focused mainly on the economic implications of a growing mass of older consumers, but the generational wealth composition was striking.
#households #institute #according #report
Households age 55 and over held around three-quarters of the nation's total net worth in the second quarter of 2026, according to an Oct. 1 report from Bank of America Institute, based on ******* ysis of Federal Reserve data. "With equity markets rising strongly," wrote senior economist David Michael Tinsley, those households have seen "a more than 20% increase in their net worth over the past two years."
That rally has run on AI. The Magnificent Seven accounted for more than half of the S&P 500's gains last year, Fortune reported in April, and Goldman Sachs strategists found technology stocks drove 85% of the index's return through mid-May this year. "AI-driven return has been the single most important structural driver of equity performance," Capgemini's Luca Russignan told Yahoo Finance in June. Boomers own 54% of all U.S. stocks.
That's a lopsided split. Americans 55 and over make up about 31% of the population, according to Census Bureau estimates, but control roughly 75% of its net worth.
The pile gives many older Americans what the institute calls "considerable capacity to spend on travel and other leisure categories." Add their growing share of the population and their extra free time, and they become an increasingly influential market for businesses chasing consumer dollars. The BofA report focused mainly on the economic implications of a growing mass of older consumers, but the generational wealth composition was striking.
#households #institute #according #report
21 days ago
Henry Cavill has found himself at the center of a very different kind of online frenzy. A new Googlebook commercial featuring the actor has sparked enthusiastic reactions from fans, with them quickly turning the ad into its own little event.
The excitement comes partly from how naturally Cavill fits the campaign. Google in its blog post, describes him as an "actor, producer and technology enthusiast" whose interests include gaming and "fantasy lore." The company says he also runs his own production company and uses Googlebook for personal projects tied to his creative ambitions.
Googlebook pairs high-end hardware with Gemini Intelligence and adds a grab bag of features, including Continue on phone syncing, Rambler for speech-to-text and Antigravity. Google has built the machine to play nicely with Android devices while still having enough muscle for demanding creative projects and professional workloads.
Cavill also offered a positive first impression after trying the device before its release. He said Google's pitch about its integrated tools intrigued him enough to request hands-on time with the product. After working with the team, he described it as having "the whispers of the next generation."
Online reactions focused on the actor as much as the new computer. One fan joked that "hiring Henry Cavill is cheating" because people would watch him simply set up a printer.
#henry #online #creative
The excitement comes partly from how naturally Cavill fits the campaign. Google in its blog post, describes him as an "actor, producer and technology enthusiast" whose interests include gaming and "fantasy lore." The company says he also runs his own production company and uses Googlebook for personal projects tied to his creative ambitions.
Googlebook pairs high-end hardware with Gemini Intelligence and adds a grab bag of features, including Continue on phone syncing, Rambler for speech-to-text and Antigravity. Google has built the machine to play nicely with Android devices while still having enough muscle for demanding creative projects and professional workloads.
Cavill also offered a positive first impression after trying the device before its release. He said Google's pitch about its integrated tools intrigued him enough to request hands-on time with the product. After working with the team, he described it as having "the whispers of the next generation."
Online reactions focused on the actor as much as the new computer. One fan joked that "hiring Henry Cavill is cheating" because people would watch him simply set up a printer.
#henry #online #creative
1 month ago
On September 9, 2026, Reuters reported that Alphabet Inc. (NASDAQ:GOOGL)'s Google will invest at least €13 billion, or about $15.1 billion, in AI infrastructure in Finland over the next two years, its biggest European investment, including three new data centers and a 22-year deal for up to 50% of the output of one of Finland's two nuclear power plants. The agreement with Finnish utility Fortum is Google's first nuclear energy deal outside the United States, and Fortum's stock jumped as much as 15.5% on the news, its biggest gain in Europe that day.
Finland gives Alphabet Inc. (NASDAQ:GOOGL) a potentially more cost-efficient location for its expanding AI infrastructure. Google plans to invest at least €13 billion ($15.1 billion) in three new data centers and related infrastructure in Finland during 2027 and 2028. The country's cold climate can reduce the need for energy-intensive cooling. The investment will also help grid improvements, clean-energy projects and battery storage.
The 22-year nuclear power agreement gives Google greater control over a critical input for AI infrastructure. Google will purchase up to 50% of the electricity generated by Finland's Loviisa nuclear plant, providing a long-term source of low-carbon power for its data-center operations. The agreement also gives Fortum greater economic certainty to extend and upgrade the plant through 2050. Google and Fortum plan to explore more nuclear and renewable projects.
Alphabet has strong demand drivers that can justify investment in AI capacity. The firm has increased its 2026 global capital investment target to $195 billion-$205 billion as it seeks to capture growing AI computing demand. Google is using the additional infrastructure to support Gemini, Search, Maps, and YouTube. It gives Alphabet multiple major products through which it can monetize greater AI capacity over time.
The Finland project adds another major commitment to Alphabet Inc. (NASDAQ:GOOGL)'s already enormous AI spending program. Alphabet expects to spend $195 billion-$205 billion on capital investment globally in 2026. The Finnish project will require at least another €13 billion during 2027 and 2028. Investors need Alphabet to make enough incremental revenue and cash flow from AI services to justify an infrastructure buildout that is rapidly increasing the company's capital requirements.
#billion #Google #investment #googl
Finland gives Alphabet Inc. (NASDAQ:GOOGL) a potentially more cost-efficient location for its expanding AI infrastructure. Google plans to invest at least €13 billion ($15.1 billion) in three new data centers and related infrastructure in Finland during 2027 and 2028. The country's cold climate can reduce the need for energy-intensive cooling. The investment will also help grid improvements, clean-energy projects and battery storage.
The 22-year nuclear power agreement gives Google greater control over a critical input for AI infrastructure. Google will purchase up to 50% of the electricity generated by Finland's Loviisa nuclear plant, providing a long-term source of low-carbon power for its data-center operations. The agreement also gives Fortum greater economic certainty to extend and upgrade the plant through 2050. Google and Fortum plan to explore more nuclear and renewable projects.
Alphabet has strong demand drivers that can justify investment in AI capacity. The firm has increased its 2026 global capital investment target to $195 billion-$205 billion as it seeks to capture growing AI computing demand. Google is using the additional infrastructure to support Gemini, Search, Maps, and YouTube. It gives Alphabet multiple major products through which it can monetize greater AI capacity over time.
The Finland project adds another major commitment to Alphabet Inc. (NASDAQ:GOOGL)'s already enormous AI spending program. Alphabet expects to spend $195 billion-$205 billion on capital investment globally in 2026. The Finnish project will require at least another €13 billion during 2027 and 2028. Investors need Alphabet to make enough incremental revenue and cash flow from AI services to justify an infrastructure buildout that is rapidly increasing the company's capital requirements.
#billion #Google #investment #googl
1 month ago
Google on Friday disclosed the first known instance of its artificial intelligence software, Gemini, carrying out an undirected computer hack, weeks after similar disclosures by AI firms Anthropic and OpenAI raised security alarms about AI models going beyond the instructions of their human creators.
Google said in a statement that in May its AI model gained unauthorized access to three outside systems during a test by either guessing login information or using login credentials it found in a public repository.
Heather Adkins, a Google vice president for security engineering, said in the statement that the AI model thought that the outside computer systems “were part of the test,” but she said in all three instances, the model stopped before doing anything further with its access.
“In a standard evaluation, the model found public information online and guessed credentials to access websites it thought were part of the test,” she said.
#outside
Google said in a statement that in May its AI model gained unauthorized access to three outside systems during a test by either guessing login information or using login credentials it found in a public repository.
Heather Adkins, a Google vice president for security engineering, said in the statement that the AI model thought that the outside computer systems “were part of the test,” but she said in all three instances, the model stopped before doing anything further with its access.
“In a standard evaluation, the model found public information online and guessed credentials to access websites it thought were part of the test,” she said.
#outside
1 month ago
With ***** e Exploration Technologies shares already available, an Anthropic IPO just around the corner, and OpenAI's IPO likely coming next year, investors will soon have plenty of leading artificial intelligence stocks to choose from.
But a subtler AI play is already available through Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). Google Gemini is a leading AI model and is a popular choice among enterprise users. Indeed, Alphabet CEO Sundar Pichai recently said that almost 90% of Fortune 100 companies use Gemini Enterprise.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Here's why that's great news for Alphabet stock and its investors.
A lot of attention is being paid to consumer AI markets right now, partly because individuals were among the earliest adopters of AI, long before companies began experimenting with AI chatbots and agents.
#alphabet #signal #enterprise
But a subtler AI play is already available through Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). Google Gemini is a leading AI model and is a popular choice among enterprise users. Indeed, Alphabet CEO Sundar Pichai recently said that almost 90% of Fortune 100 companies use Gemini Enterprise.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Here's why that's great news for Alphabet stock and its investors.
A lot of attention is being paid to consumer AI markets right now, partly because individuals were among the earliest adopters of AI, long before companies began experimenting with AI chatbots and agents.
#alphabet #signal #enterprise
1 month ago
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter.
Business executives consider artificial intelligence a leading tool for decision-making, with 61% citing large language models such as ChatGPT, Claude, Gemini and Copilot among the sources that most influence their strategic decisions, AI enterprise planning platform Board said in a report released Wednesday.
The finding was most ***** ounced among CFOs, with 69% citing LLMs among the resources that inform their decisions, compared with 58% of chief operating officers and 56% of chief information officers.
"CFOs, by nature, are typically a little bit more conservative and skeptical, so I think what this shows is that the AI wave is so strong that it can't be ignored," Board CFO Gordon Pothier said in an interview.
The findings come just a few years after ChatGPT burst onto the market, highlighting how quickly advanced AI tools have reshaped the way businesses operate and make decisions.
#decisions #daily #officers #business
Business executives consider artificial intelligence a leading tool for decision-making, with 61% citing large language models such as ChatGPT, Claude, Gemini and Copilot among the sources that most influence their strategic decisions, AI enterprise planning platform Board said in a report released Wednesday.
The finding was most ***** ounced among CFOs, with 69% citing LLMs among the resources that inform their decisions, compared with 58% of chief operating officers and 56% of chief information officers.
"CFOs, by nature, are typically a little bit more conservative and skeptical, so I think what this shows is that the AI wave is so strong that it can't be ignored," Board CFO Gordon Pothier said in an interview.
The findings come just a few years after ChatGPT burst onto the market, highlighting how quickly advanced AI tools have reshaped the way businesses operate and make decisions.
#decisions #daily #officers #business
2 months ago
Google search on your laptop. YouTube on your TV. Chrome on your phone. It often feels -- and probably accurately so -- like tech giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and its products are everywhere. Expect that feeling to get even more common in the age of AI.
In fact, expect that feeling to get more common right now.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In an announcement that dropped just mid-day Thursday, Alphabet announced a new software offering that will put Google Gemini artificial intelligence right on your PC. Download the "Gemini for desktop" app, install it, and any time you have a need for it going forward, you can hit "Alt + ******* e" on your personal computer (Option + ******* e if you use a Mac).
Use that keyboard shortcut, and up will pop "Gemini Spark, your 24/7 personal AI agent," to answer whatever questions you might have for it -- much faster than logging onto ChatGPT or Anthropic, for example. The app can answer questions, verify facts, or draft text, says Google, and even build images or construct videos.
#Google #NASDAQ
In fact, expect that feeling to get more common right now.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In an announcement that dropped just mid-day Thursday, Alphabet announced a new software offering that will put Google Gemini artificial intelligence right on your PC. Download the "Gemini for desktop" app, install it, and any time you have a need for it going forward, you can hit "Alt + ******* e" on your personal computer (Option + ******* e if you use a Mac).
Use that keyboard shortcut, and up will pop "Gemini Spark, your 24/7 personal AI agent," to answer whatever questions you might have for it -- much faster than logging onto ChatGPT or Anthropic, for example. The app can answer questions, verify facts, or draft text, says Google, and even build images or construct videos.
#Google #NASDAQ
2 months ago
Lukas Gage joked that his close friend, Madelyn Cline, was "just like my lavender wife" at a recent fashion show event
The pair, who met on the set of their 2021 film What Breaks the Ice, have created a close friendship with Cline calling him her "Gemini sister"
Both actors, who had been in public relationships in the past, have also opened up about their feelings on love
Lukas Gage and Madelyn Cline are two peas in a pod.
The White Lotus star, 31, revealed in an interview with E! News at Tommy Hilfiger Spring 2027 Runway Show that his favorite duo of 2026 is none other than himself and the Outer Banks star, 28.
#madelyn #show #close #white
The pair, who met on the set of their 2021 film What Breaks the Ice, have created a close friendship with Cline calling him her "Gemini sister"
Both actors, who had been in public relationships in the past, have also opened up about their feelings on love
Lukas Gage and Madelyn Cline are two peas in a pod.
The White Lotus star, 31, revealed in an interview with E! News at Tommy Hilfiger Spring 2027 Runway Show that his favorite duo of 2026 is none other than himself and the Outer Banks star, 28.
#madelyn #show #close #white
2 months ago
Focusing on large-cap technology equities that have lagged behind broader market momentum during the September 3 episode of Mad Money, Jim Cramer broke down why Alphabet Inc. (NASDAQ:GOOGL) presents an exceptional opportunity. He said:
Hey, you want a hated stock? How about this Alphabet, up just 9% for the year? There's a big cap stock that's really been left behind. Sure, it's done next to nothing, but when you look at the monster grower that is Google Cloud, you have to wonder, how can you not own the stock? Is it because of Waymo? Now, they're doing terrifically. Maybe you don't like YouTube; wow, biggest entertainment channel on Earth. Search, Gemini, maybe their AI isn't ready? Oh, maybe it will be.
Again, I say everything at a price, and $342 is the price for Alphabet, whether they get it right or not. Amazing that ******* ody cares about… Warren buying a lot of Alphabet. All people care about is that everybody's underwater from that secondary offering they did, 13 points higher from here. I say, so what? I don't care where it went. I care where it's going. It sells for 17 times earnings. It's the price.
Alphabet Inc.'s (NASDAQ:GOOGL) business keeps growing fast as more companies sign up for its cloud infrastructure. In the second quarter, total revenue hit nearly $120 billion. Google Cloud was the main driver behind this growth, as its sales surged 82%, turning it into a major profit source along with core businesses like YouTube. Alphabet leads the global online media market and is steadily expanding Waymo's driverless taxi service. Despite these strengths, the stock trades at roughly 17 times earnings around Cramer's commentary. That multiple is unusually low and understates the valuation of the company's underlying operations.
At the same time, there is a reasonable case for caution due to massive spending. Capital expenditures reached nearly $45 billion in Q2 alone as Alphabet Inc. (NASDAQ:GOOGL) spends aggressively on data centers and AI hardware. If making money from AI takes longer than planned, this heavy investment could hurt short-term cash flow and profit margins. Additionally, recent stock offerings have left some recent buyers holding shares at a loss.
#behind #price
Hey, you want a hated stock? How about this Alphabet, up just 9% for the year? There's a big cap stock that's really been left behind. Sure, it's done next to nothing, but when you look at the monster grower that is Google Cloud, you have to wonder, how can you not own the stock? Is it because of Waymo? Now, they're doing terrifically. Maybe you don't like YouTube; wow, biggest entertainment channel on Earth. Search, Gemini, maybe their AI isn't ready? Oh, maybe it will be.
Again, I say everything at a price, and $342 is the price for Alphabet, whether they get it right or not. Amazing that ******* ody cares about… Warren buying a lot of Alphabet. All people care about is that everybody's underwater from that secondary offering they did, 13 points higher from here. I say, so what? I don't care where it went. I care where it's going. It sells for 17 times earnings. It's the price.
Alphabet Inc.'s (NASDAQ:GOOGL) business keeps growing fast as more companies sign up for its cloud infrastructure. In the second quarter, total revenue hit nearly $120 billion. Google Cloud was the main driver behind this growth, as its sales surged 82%, turning it into a major profit source along with core businesses like YouTube. Alphabet leads the global online media market and is steadily expanding Waymo's driverless taxi service. Despite these strengths, the stock trades at roughly 17 times earnings around Cramer's commentary. That multiple is unusually low and understates the valuation of the company's underlying operations.
At the same time, there is a reasonable case for caution due to massive spending. Capital expenditures reached nearly $45 billion in Q2 alone as Alphabet Inc. (NASDAQ:GOOGL) spends aggressively on data centers and AI hardware. If making money from AI takes longer than planned, this heavy investment could hurt short-term cash flow and profit margins. Additionally, recent stock offerings have left some recent buyers holding shares at a loss.
#behind #price
2 months ago
Some AI researchers say they think AI could hurt, or wipe out, humanity.
So we asked four of the AI models: How would you go about it?
They all said human misuse of AI is considered a more immediate risk than AI itself.
The researchers building our favorite chatbots are increasingly voicing concerns that AI could hurt — or end — humanity. So we asked four of the most-used generative AI tools what an AI doomsday could look like.
We posed the same question, in identical wording, to OpenAI's ChatGPT, Google's Gemini, Anthropic's Claude, and ****** eXAI's Grok.
#claude
So we asked four of the AI models: How would you go about it?
They all said human misuse of AI is considered a more immediate risk than AI itself.
The researchers building our favorite chatbots are increasingly voicing concerns that AI could hurt — or end — humanity. So we asked four of the most-used generative AI tools what an AI doomsday could look like.
We posed the same question, in identical wording, to OpenAI's ChatGPT, Google's Gemini, Anthropic's Claude, and ****** eXAI's Grok.
#claude
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
2 months ago
HELSINKI, Sept 9 (Reuters) - Alphabet's Google will invest at least €13 billion ($15.1 billion) in artificial intelligence infrastructure in Finland over the next two years, it said on Wednesday, calling it the company's single largest investment in Europe.
Finland has become a magnet for data centres as companies including Microsoft and TikTok owner ByteDance seek to reduce energy costs and meet climate goals.
Its cold climate makes coping with the heat produced by data centres cheaper and it also has large amounts of low-carbon electricity.
Alphabet this year increased its global investment to between $195 billion and $205 billion as it seeks to capture growing computing demand.
The investments in Finland will include data centres, electricity grid improvements and clean energy and battery projects driving services such as Gemini, Search, Maps and YouTube, Google said in a statement.
#billion #finland #centres #climate
Finland has become a magnet for data centres as companies including Microsoft and TikTok owner ByteDance seek to reduce energy costs and meet climate goals.
Its cold climate makes coping with the heat produced by data centres cheaper and it also has large amounts of low-carbon electricity.
Alphabet this year increased its global investment to between $195 billion and $205 billion as it seeks to capture growing computing demand.
The investments in Finland will include data centres, electricity grid improvements and clean energy and battery projects driving services such as Gemini, Search, Maps and YouTube, Google said in a statement.
#billion #finland #centres #climate
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
2 months ago
In its early years, Chinese battery leader CATL focused on electric vehicles (EVs), riding the explosive growth of the global e-mobility market. The company has since taken a turn, aggressively expanding its energy storage business with a target for storage to generate 50% of its global sales by 2030.
Today, CATL stands as one of the world's largest grid storage suppliers, powering megaprojects such as Synergy's 2.4GW-hour (GWh) Collie Battery in Australia and the 1.4GWh Gemini Solar-Plus-Storage project in Nevada, US.
In an exclusive interview with Power Technology, CATL's managing director of Western Europe, Hank Zhao, and chief technology officer of AC (alternating current) systems, Bruce Li, share how they translate learnings from the company's automotive history to its stationary storage unit. They also discuss the operational realities of energy storage leadership, executive decision-making in a fast-changing industry, and bridging the gap between Chinese technology and European markets.
Hank Zhao (HZ): I joined the company's EV business in 2010 and stayed there for 11 years before moving to the energy storage unit in mid-2021.
When the company was founded, it started with e-mobility and stationary storage as its two main business directions. But I think before 2020, the business scale of storage was much smaller than for EVs, and we didn't see as many opportunities. Then from 2021, there was a rapid boom in demand for energy storage, especially in markets like the US and China.
#hank
Today, CATL stands as one of the world's largest grid storage suppliers, powering megaprojects such as Synergy's 2.4GW-hour (GWh) Collie Battery in Australia and the 1.4GWh Gemini Solar-Plus-Storage project in Nevada, US.
In an exclusive interview with Power Technology, CATL's managing director of Western Europe, Hank Zhao, and chief technology officer of AC (alternating current) systems, Bruce Li, share how they translate learnings from the company's automotive history to its stationary storage unit. They also discuss the operational realities of energy storage leadership, executive decision-making in a fast-changing industry, and bridging the gap between Chinese technology and European markets.
Hank Zhao (HZ): I joined the company's EV business in 2010 and stayed there for 11 years before moving to the energy storage unit in mid-2021.
When the company was founded, it started with e-mobility and stationary storage as its two main business directions. But I think before 2020, the business scale of storage was much smaller than for EVs, and we didn't see as many opportunities. Then from 2021, there was a rapid boom in demand for energy storage, especially in markets like the US and China.
#hank
2 months ago
Alphabet (GOOGL) is the parent company of Google and one of the world's largest technology conglomerates. Headquartered in Mountain View, California, Alphabet operates through three primary segments: Google Services, encompassing Search, YouTube, Android, and Chrome; Google Cloud, its rapidly scaling enterprise infrastructure business; and Other Bets, which includes the Waymo autonomous vehicle unit.
Under CEO Sundar Pichai, Alphabet has aggressively expanded its artificial intelligence (AI) capabilities through Gemini models, custom Tensor Processing Units (TPUs), and AI-powered search features, positioning itself at the forefront of the generative AI race. With dominant digital advertising market share and accelerating cloud growth, the company remains a global technology bellwether.
How to Play SNPS Stock as Layoffs Hit Synopsys
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Dear Adobe Stock Fans, Mark Your Calendars for September 10
#alphabet #technology #googl
Under CEO Sundar Pichai, Alphabet has aggressively expanded its artificial intelligence (AI) capabilities through Gemini models, custom Tensor Processing Units (TPUs), and AI-powered search features, positioning itself at the forefront of the generative AI race. With dominant digital advertising market share and accelerating cloud growth, the company remains a global technology bellwether.
How to Play SNPS Stock as Layoffs Hit Synopsys
Micron Stock More Than Tripled in 2026. Now Taiwan Strike Threat Could Shake the AI Boom.
Dear Adobe Stock Fans, Mark Your Calendars for September 10
#alphabet #technology #googl
2 months ago
Gabelli Investment Management Firm recently released its "Global Content & Connectivity Fund" second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Fund delivered a strong second quarter of 2026, with its Class I shares gaining 12.88%, more than double the 6.02% return of the MSCI AC World Communication Services Index, though trailing the broader MSCI AC World Index's 15.06% gain. The fund's performance reflected renewed investor interest in AI-related investments, easing tensions in the Middle East, and lower Brent crude prices, with Information Technology gaining 39.2% and Communication Services advancing 6.0% during the quarter. Over the past year, the fund gained 25.50%, compared with 13.06% for its communication-services benchmark and 24.16% for the MSCI AC World Index. Looking ahead, Gabelli remains constructive on the long-term opportunities created by AI adoption, expanding digital infrastructure, connectivity, and the continued growth of content and entertainment, while recognizing that higher interest rates, geopolitical tensions, and the sustainability of AI-related spending could create volatility. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Global Content & Connectivity Fund highlighted stocks like Alphabet Inc. (NASDAQ:GOOGL). Alphabet Inc. (NASDAQ:GOOGL) is a global technology company whose businesses include Google Search, YouTube, cloud computing, and artificial intelligence. The one-month return of Alphabet Inc. (NASDAQ:GOOGL) was -5.33% while its shares traded between $233.23 and $408.61 over the last 52 weeks. On September 4, 2026, Alphabet Inc. (NASDAQ:GOOGL) stock closed at approximately $342.26 per share, with a market capitalization of about $4.14 trillion.
Global Content & Connectivity Fund stated the following regarding Alphabet Inc. (NASDAQ:GOOGL) in its Q2 2026 investor letter:
"Alphabet Inc. (NASDAQ:GOOGL) (8.4%; +23.3%) rose on strong first quarter 2026 results, Gemini momentum and growing enterprise adoption, and expanding third-party tensor processing unit (TPU) sales."
Photo by Firmbee.com on Unsplash
#alphabet #fund #global #quarter
In its second-quarter 2026 investor letter, Global Content & Connectivity Fund highlighted stocks like Alphabet Inc. (NASDAQ:GOOGL). Alphabet Inc. (NASDAQ:GOOGL) is a global technology company whose businesses include Google Search, YouTube, cloud computing, and artificial intelligence. The one-month return of Alphabet Inc. (NASDAQ:GOOGL) was -5.33% while its shares traded between $233.23 and $408.61 over the last 52 weeks. On September 4, 2026, Alphabet Inc. (NASDAQ:GOOGL) stock closed at approximately $342.26 per share, with a market capitalization of about $4.14 trillion.
Global Content & Connectivity Fund stated the following regarding Alphabet Inc. (NASDAQ:GOOGL) in its Q2 2026 investor letter:
"Alphabet Inc. (NASDAQ:GOOGL) (8.4%; +23.3%) rose on strong first quarter 2026 results, Gemini momentum and growing enterprise adoption, and expanding third-party tensor processing unit (TPU) sales."
Photo by Firmbee.com on Unsplash
#alphabet #fund #global #quarter
2 months ago
Gabelli Investment Management Firm recently released its "Global Content & Connectivity Fund" second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Fund delivered a strong second quarter of 2026, with its Class I shares gaining 12.88%, more than double the 6.02% return of the MSCI AC World Communication Services Index, though trailing the broader MSCI AC World Index's 15.06% gain. The fund's performance reflected renewed investor interest in AI-related investments, easing tensions in the Middle East, and lower Brent crude prices, with Information Technology gaining 39.2% and Communication Services advancing 6.0% during the quarter. Over the past year, the fund gained 25.50%, compared with 13.06% for its communication-services benchmark and 24.16% for the MSCI AC World Index. Looking ahead, Gabelli remains constructive on the long-term opportunities created by AI adoption, expanding digital infrastructure, connectivity, and the continued growth of content and entertainment, while recognizing that higher interest rates, geopolitical tensions, and the sustainability of AI-related spending could create volatility. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its second-quarter 2026 investor letter, Global Content & Connectivity Fund highlighted stocks like Alphabet Inc. (NASDAQ:GOOGL). Alphabet Inc. (NASDAQ:GOOGL) is a global technology company whose businesses include Google Search, YouTube, cloud computing, and artificial intelligence. The one-month return of Alphabet Inc. (NASDAQ:GOOGL) was -5.33% while its shares traded between $233.23 and $408.61 over the last 52 weeks. On September 4, 2026, Alphabet Inc. (NASDAQ:GOOGL) stock closed at approximately $342.26 per share, with a market capitalization of about $4.14 trillion.
Global Content & Connectivity Fund stated the following regarding Alphabet Inc. (NASDAQ:GOOGL) in its Q2 2026 investor letter:
"Alphabet Inc. (NASDAQ:GOOGL) (8.4%; +23.3%) rose on strong first quarter 2026 results, Gemini momentum and growing enterprise adoption, and expanding third-party tensor processing unit (TPU) sales."
Photo by Firmbee.com on Unsplash
#global
In its second-quarter 2026 investor letter, Global Content & Connectivity Fund highlighted stocks like Alphabet Inc. (NASDAQ:GOOGL). Alphabet Inc. (NASDAQ:GOOGL) is a global technology company whose businesses include Google Search, YouTube, cloud computing, and artificial intelligence. The one-month return of Alphabet Inc. (NASDAQ:GOOGL) was -5.33% while its shares traded between $233.23 and $408.61 over the last 52 weeks. On September 4, 2026, Alphabet Inc. (NASDAQ:GOOGL) stock closed at approximately $342.26 per share, with a market capitalization of about $4.14 trillion.
Global Content & Connectivity Fund stated the following regarding Alphabet Inc. (NASDAQ:GOOGL) in its Q2 2026 investor letter:
"Alphabet Inc. (NASDAQ:GOOGL) (8.4%; +23.3%) rose on strong first quarter 2026 results, Gemini momentum and growing enterprise adoption, and expanding third-party tensor processing unit (TPU) sales."
Photo by Firmbee.com on Unsplash
#global
2 months ago
Interested in Ambarella, Inc.? Here are five stocks we like better.
Ambarella's fiscal Q2 revenue rose 13.2% year over year to $108.1 million, driven by record AI revenue and strong automotive and IoT demand. Automotive revenue reached a new high, while non-GAAP EPS was $0.18.
The company forecast fiscal Q3 revenue of $115 million to $124 million and authorized a new $50 million stock-repurchase program. Ambarella also expects to maintain its 59%–62% long-term gross-margin target despite rising supply-chain costs.
Ambarella raised its fiscal 2032 serviceable market forecast to $22.9 billion, citing expansion into edge infrastructure and AI accelerators such as the sampling X7. Partnerships with Capgemini and Macnica are intended to broaden enterprise and midsize-customer reach, though meaningful revenue is expected in two to three years.
3 Picks-and-Shovels Stocks Powering the Humanoid Robotics Buildout
#revenue #automotive
Ambarella's fiscal Q2 revenue rose 13.2% year over year to $108.1 million, driven by record AI revenue and strong automotive and IoT demand. Automotive revenue reached a new high, while non-GAAP EPS was $0.18.
The company forecast fiscal Q3 revenue of $115 million to $124 million and authorized a new $50 million stock-repurchase program. Ambarella also expects to maintain its 59%–62% long-term gross-margin target despite rising supply-chain costs.
Ambarella raised its fiscal 2032 serviceable market forecast to $22.9 billion, citing expansion into edge infrastructure and AI accelerators such as the sampling X7. Partnerships with Capgemini and Macnica are intended to broaden enterprise and midsize-customer reach, though meaningful revenue is expected in two to three years.
3 Picks-and-Shovels Stocks Powering the Humanoid Robotics Buildout
#revenue #automotive
2 months ago
NextEra Energy says an artificial intelligence (AI)–driven dispatch and outage-scheduling tool has saved its customers more than $20 million so far this year. Santee Cooper expects a custom AI weather-forecasting model to help it avoid spot-market purchases that can cost $100,000 an hour during extreme weather. Both utilities say the tools moved from concept to production in a matter of weeks, not years.The two companies detailed their AI deployments during a Sept. 2 virtual media roundtable hosted by Google Cloud, alongside Raiford Smith, the company's global director of power and energy industry. The session focused on Gemini Enterprise, Google Cloud's platform for building and deploying AI agents, and framed both utilities as evidence that AI in the sector has moved beyond generic chatbots and into tools built for specific, high-stakes operational decisions."Utilities are being asked to deliver greater reliability, lower costs, and a grid ready for what comes next," said Rich Argentieri, president of NextEra ***** ytics. Tami Wilson, vice president and chief financial officer of Santee Cooper, described the shift in similar terms, saying her utility is moving away from "legacy, clunky, ***** bersome processes" toward AI-driven financial and load forecasting to save time and money.
Argentieri walked through NextEra's Grid Composer platform, which the company built on the Gemini Enterprise Agent Platform and rolled out across Florida Power and Light's (FPL's) generating fleet. The platform pulls together real-time telemetry, load data, and generation profiles—what Argentieri estimated at roughly half a trillion data points a day—into a single model that compares manual dispatch decisions against an AI-optimized alternative.NextEra built the first version of the tool in less than 12 weeks, according to Argentieri. Since then, he said, the optimized dispatch and outage scheduling it enables have produced "over $20 million of savings to our customers" so far this year. NextEra has since made the underlying tools available to other utilities through a Google Cloud marketplace product it calls Optos, with Optos Composer—the version built for market and ***** et optimization—unifying generation, fuel, maintenance, trading, reserves, and storage decisions that Argentieri said have traditionally been managed by separate, siloed teams."All of those teams very much traditionally siloed. And not only the people, but all the data and the processes that go into that," Argentieri said, describing generation, transmission, and trading functions that rarely shared data before. Bringing those functions onto a single platform, he said, has let the company avoid "suboptimal decisions" and given teams visibility into how choices in one area affect costs elsewhere in the system.Argentieri also pointed to field applications. FPL technicians—he estimated 85% to 90% of the company's workforce—now use voice-activated tools to pull torque specifications or work-order gu
Argentieri walked through NextEra's Grid Composer platform, which the company built on the Gemini Enterprise Agent Platform and rolled out across Florida Power and Light's (FPL's) generating fleet. The platform pulls together real-time telemetry, load data, and generation profiles—what Argentieri estimated at roughly half a trillion data points a day—into a single model that compares manual dispatch decisions against an AI-optimized alternative.NextEra built the first version of the tool in less than 12 weeks, according to Argentieri. Since then, he said, the optimized dispatch and outage scheduling it enables have produced "over $20 million of savings to our customers" so far this year. NextEra has since made the underlying tools available to other utilities through a Google Cloud marketplace product it calls Optos, with Optos Composer—the version built for market and ***** et optimization—unifying generation, fuel, maintenance, trading, reserves, and storage decisions that Argentieri said have traditionally been managed by separate, siloed teams."All of those teams very much traditionally siloed. And not only the people, but all the data and the processes that go into that," Argentieri said, describing generation, transmission, and trading functions that rarely shared data before. Bringing those functions onto a single platform, he said, has let the company avoid "suboptimal decisions" and given teams visibility into how choices in one area affect costs elsewhere in the system.Argentieri also pointed to field applications. FPL technicians—he estimated 85% to 90% of the company's workforce—now use voice-activated tools to pull torque specifications or work-order gu
2 months ago
This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter.
South Carolina's public power and water utility Santee Cooper announced Thursday that it is working with Google to modernize its financial planning and load forecasting with artificial intelligence tools.
Google's WeatherNext 2 is designed to provide more accurate medium-range weather forecasts, which is expected to improve Santee Cooper's load forecasting, the utility's CFO, Tami Wilson, said during a Wednesday press teleconference. The utility is also using Google's Gemini Enterprise Agent Platform to speed up financial forecasting, she said.
Wilson said the utility is undergoing a "major digital transformation" by "shifting away from legacy, clunky, **** bersome processes," and wants to "automate the routine" without automating accountability or risk management, which she said will remain with human operators.
Wilson said the utility plans to use different approaches with generative AI versus agentic AI. Generative AI will be used to perform "low-cost initial drafting," while Santee Cooper will use agentic AI to "execute multi-step processes autonomously."
#generative
South Carolina's public power and water utility Santee Cooper announced Thursday that it is working with Google to modernize its financial planning and load forecasting with artificial intelligence tools.
Google's WeatherNext 2 is designed to provide more accurate medium-range weather forecasts, which is expected to improve Santee Cooper's load forecasting, the utility's CFO, Tami Wilson, said during a Wednesday press teleconference. The utility is also using Google's Gemini Enterprise Agent Platform to speed up financial forecasting, she said.
Wilson said the utility is undergoing a "major digital transformation" by "shifting away from legacy, clunky, **** bersome processes," and wants to "automate the routine" without automating accountability or risk management, which she said will remain with human operators.
Wilson said the utility plans to use different approaches with generative AI versus agentic AI. Generative AI will be used to perform "low-cost initial drafting," while Santee Cooper will use agentic AI to "execute multi-step processes autonomously."
#generative
2 months ago
There are few companies in the artificial intelligence (AI) ****** e that can be considered to "do it all." Some focus on making hardware, like Nvidia (NASDAQ: NVDA) (although it has stepped into the large language model game as well); others develop large language models like OpenAI; some create AI applications; and others host AI workloads. However, there's one company that's doing nearly everything possible in AI, and it's doing quite well at it: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL).
Alphabet's success across so many areas of the AI trend underscores why it's a top stock to buy now.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Regardless of where you go in AI, Alphabet has likely been there.
First and foremost, it has developed a set of leading large language models (LLMs) that serve as the base of several powerful AI products. These models have already been integrated into some of Alphabet's core products, such as the Google Search engine, advertising tools, and YouTube. Users can also access the powerful Gemini model as a stand-alone product, much like they could a competing product such as OpenAI's ChatGPT.
#signal #alphabet
Alphabet's success across so many areas of the AI trend underscores why it's a top stock to buy now.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Regardless of where you go in AI, Alphabet has likely been there.
First and foremost, it has developed a set of leading large language models (LLMs) that serve as the base of several powerful AI products. These models have already been integrated into some of Alphabet's core products, such as the Google Search engine, advertising tools, and YouTube. Users can also access the powerful Gemini model as a stand-alone product, much like they could a competing product such as OpenAI's ChatGPT.
#signal #alphabet
2 months ago
American service members will now have access to military versions of ChatGPT and Grok as the Pentagon tries to incorporate more AI into its daily workflows.
The Department of War said in a pair of announcements on Monday that the two services will be incorporated into its bespoke AI platform GenAI.mil, which launched in December and originally offered access only to a specialized military version of Google's Gemini. The department said GenAI.mil already counts 1.7 million users among the Department of War's 3 million–strong workforce, which includes both military members and civilians.
The department's Monday announcement comes after it awarded OpenAI and Elon Musk's ******* eXAI, which runs Grok, defense contracts worth up to $200 million each to provide the department with AI tools. It also awarded contracts at the time to Google and Anthropic.
The military version of ChatGPT, dubbed ChatGPT Mil, is part of OpenAI for Government, an initiative launched last summer meant to bring the company's AI products to government workers.
"ChatGPT on GenAI.mil will make unclassified work throughout the Department more efficient, freeing up time and resources so DoW personnel can focus on the mission," said Joe Larson, vice president and head of government at OpenAI, in a statement to Fortune.
#department #openai #government #members
The Department of War said in a pair of announcements on Monday that the two services will be incorporated into its bespoke AI platform GenAI.mil, which launched in December and originally offered access only to a specialized military version of Google's Gemini. The department said GenAI.mil already counts 1.7 million users among the Department of War's 3 million–strong workforce, which includes both military members and civilians.
The department's Monday announcement comes after it awarded OpenAI and Elon Musk's ******* eXAI, which runs Grok, defense contracts worth up to $200 million each to provide the department with AI tools. It also awarded contracts at the time to Google and Anthropic.
The military version of ChatGPT, dubbed ChatGPT Mil, is part of OpenAI for Government, an initiative launched last summer meant to bring the company's AI products to government workers.
"ChatGPT on GenAI.mil will make unclassified work throughout the Department more efficient, freeing up time and resources so DoW personnel can focus on the mission," said Joe Larson, vice president and head of government at OpenAI, in a statement to Fortune.
#department #openai #government #members
2 months ago
A legal arbitrator has ruled that cryptocurrency exchange Gemini (NASDAQ: $GEMI) cannot be held liable for the collapse of its Earn lending program.
Specifically, the arbitrator in the case said that Gemini, led by twin brothers Tyler and Cameron Winklevoss, did not mislead users and was not at fault for the failure of Earn lending.
The legal claim was filed by investors in 2024 following the lending program's collapse. The arbitrator found insufficient evidence that Gemini lied to customers or failed to do due diligence.
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#lending #earn #NASDAQ
Specifically, the arbitrator in the case said that Gemini, led by twin brothers Tyler and Cameron Winklevoss, did not mislead users and was not at fault for the failure of Earn lending.
The legal claim was filed by investors in 2024 following the lending program's collapse. The arbitrator found insufficient evidence that Gemini lied to customers or failed to do due diligence.
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Goldman Sachs Reiterates Buy Ratings On Coinbase And Robinhood
#lending #earn #NASDAQ
2 months ago
Wix (WIX) has spent most of 2026 stuck on the wrong side of the artificial intelligence (AI) trade. The market decided that once anyone could ask a chatbot to build a website, a website builder wouldn't be worth much. This hit WIX stock hard. Shares started the year at just over $100 and plummeted to a 52-week low of around $40 by June. Along the way, Wix also cut roughly 20% of its staff. On Aug. 24, however, Wix announced a partnership with Alphabet's (GOOGL) Google, lending the struggling company a potential lifeline.
The deal itself is straightforward. Wix has placed its Wix Harmony builder directly inside Google Gemini as a connected app. Through the integration, a user can now type "Wix" in the chat, describe the site they want by voice or text, and generate a working website hosted on Wix's own infrastructure — even with features like commerce, payments, scheduling, and SEO already built in.
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Tesla Just Killed Its Solar Roof After Years of Struggling to Scale. What It Means for TSLA Stock.
#tesla
The deal itself is straightforward. Wix has placed its Wix Harmony builder directly inside Google Gemini as a connected app. Through the integration, a user can now type "Wix" in the chat, describe the site they want by voice or text, and generate a working website hosted on Wix's own infrastructure — even with features like commerce, payments, scheduling, and SEO already built in.
Wu-Tang Clan Member Raekwon Is a Palantir 'OG,' Visiting Headquarters 16 Years After Receiving His Custom PLTR Jacket
Tesla Stock Could Benefit as Trump Locks Down the U.S. Power Grid
Tesla Just Killed Its Solar Roof After Years of Struggling to Scale. What It Means for TSLA Stock.
#tesla
2 months ago
Advertisements will be going up this season at Michigan Stadium. Google Gemini, Meijer, and Coca-Cola will be featured on Michigan's padded end zone walls, as well as on the jumbotron.
For the first time, Michigan is adding limited ads around its stadium, beginning this season.
Coca-Cola, Meijer and Google's AI chatbot, Gemini, are the initial partners. pic.twitter.com/sxqi6tXbBt
Earlier this week, we asked fans if they loved or hated ads going up inside Michigan Stadium. The results are in, and fans aren't liking the changes.
75% of fans hate that there are now advertisements in Michigan Stadium, while 25% love them.
The immediate hate is understandable from a fanbase so rich in tradition. Ads are new to Michigan Stadium, and there's a natural dislike of change. However, new revenue streams are needed with the current nature of college football and all the money it takes via NIL to field a competitive team.
#gemini #meijer #cola
For the first time, Michigan is adding limited ads around its stadium, beginning this season.
Coca-Cola, Meijer and Google's AI chatbot, Gemini, are the initial partners. pic.twitter.com/sxqi6tXbBt
Earlier this week, we asked fans if they loved or hated ads going up inside Michigan Stadium. The results are in, and fans aren't liking the changes.
75% of fans hate that there are now advertisements in Michigan Stadium, while 25% love them.
The immediate hate is understandable from a fanbase so rich in tradition. Ads are new to Michigan Stadium, and there's a natural dislike of change. However, new revenue streams are needed with the current nature of college football and all the money it takes via NIL to field a competitive team.
#gemini #meijer #cola
2 months ago
Martha Stewart is teaming up with Waymo, Alphabet's autonomous-driving company, on a social campaign announced Thursday that recasts its new Ojai vehicle as her latest "home away from home."
In a 52-second spot inspired by Architectural Digest's Open Door video series, she welcomes viewers into the vehicle and ******* ses it as if it were one of her own residences. "When choosing a property, good homes are essential," she says, praising its "excellent architecture and curb appeal" before touring three screens and asking Gemini about the weather.
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#vehicle #waymo #ojai
In a 52-second spot inspired by Architectural Digest's Open Door video series, she welcomes viewers into the vehicle and ******* ses it as if it were one of her own residences. "When choosing a property, good homes are essential," she says, praising its "excellent architecture and curb appeal" before touring three screens and asking Gemini about the weather.
More from The Hollywood Reporter
Spike Lee, Timothée Chalamet and All the Stars Spotted at the New York Knicks Ticker-Tape Parade
Martha Stewart Expands Her Empire With First-Ever Kitchen Appliance Line
#vehicle #waymo #ojai
2 months ago
According to the Wall Street Journal, Google is relocating its AI responsibility unit from Google DeepMind to its global affairs division, the part of the company that handles lobbying and public policy.
The roughly 90-person team — whose work includes evaluating Google's AI models for chemical, biological, radiological, and nuclear hazards and examining user behavior and the psychological effects of chatbots — is set to complete the transition at the beginning of September, the Journal reported after reviewing an internal email about the shift. Some employees on the team have raised concerns that the reassignment will limit their independence and reduce their access to the researchers developing Google's Gemini models.
Helen King, a vice president at Google DeepMind who runs the responsibility team, sought to reassure staff in the email, writing that the team's focus on emerging and frontier topics in responsible AI would remain unchanged and that publishing research externally "continues to be supported and important." King added that the team's access to DeepMind would be preserved, along with its computing infrastructure and staffing levels.
"Many teams across Google work on AI safety and responsibility, and by bringing our AI responsibility teams closer together we're strengthening their ability to inform safety for our models and products," a Google spokesperson said in a statement.
The shift is part of broader organizational changes that are integrating DeepMind more tightly with the rest of Google. According to the Journal, functions such as HR and policy are similarly being transferred from DeepMind to Google's central organization. The reorganization follows a leadership change in which DeepMind co-founder Demis Hassabis stepped aside from his CEO role into a new chairman position focused on external engagements. Koray Kavukcuoglu has taken over as head of DeepMind with the **** le of senior vice president.
#Google #models #part
The roughly 90-person team — whose work includes evaluating Google's AI models for chemical, biological, radiological, and nuclear hazards and examining user behavior and the psychological effects of chatbots — is set to complete the transition at the beginning of September, the Journal reported after reviewing an internal email about the shift. Some employees on the team have raised concerns that the reassignment will limit their independence and reduce their access to the researchers developing Google's Gemini models.
Helen King, a vice president at Google DeepMind who runs the responsibility team, sought to reassure staff in the email, writing that the team's focus on emerging and frontier topics in responsible AI would remain unchanged and that publishing research externally "continues to be supported and important." King added that the team's access to DeepMind would be preserved, along with its computing infrastructure and staffing levels.
"Many teams across Google work on AI safety and responsibility, and by bringing our AI responsibility teams closer together we're strengthening their ability to inform safety for our models and products," a Google spokesperson said in a statement.
The shift is part of broader organizational changes that are integrating DeepMind more tightly with the rest of Google. According to the Journal, functions such as HR and policy are similarly being transferred from DeepMind to Google's central organization. The reorganization follows a leadership change in which DeepMind co-founder Demis Hassabis stepped aside from his CEO role into a new chairman position focused on external engagements. Koray Kavukcuoglu has taken over as head of DeepMind with the **** le of senior vice president.
#Google #models #part
2 months ago
By Mike Scarcella
WASHINGTON, Aug 25 (Reuters) - Alphabet's Google on Tuesday expanded its Gemini Enterprise artificial intelligence platform with new tools for lawyers and law firms, accelerating a race among technology companies to meet legal sector demand for AI.
The company said its Gemini Enterprise for Legal would help law firms use AI to manage routine and complex work to allow lawyers to focus on higher-value services, while keeping their data secure and confidential.
The new plug-in for Gemini Enterprise includes integration with legal software and data platforms and a stable of AI agents that Google said can handle specialized legal and administrative functions without significant human oversight.
Alphabet launched Gemini Enterprise for business customers in October, in a bid to attract more corporate clients with its AI offerings. Google Cloud has become one of Alphabet's fastest-growing businesses.
#Legal #lawyers #firms #mike
WASHINGTON, Aug 25 (Reuters) - Alphabet's Google on Tuesday expanded its Gemini Enterprise artificial intelligence platform with new tools for lawyers and law firms, accelerating a race among technology companies to meet legal sector demand for AI.
The company said its Gemini Enterprise for Legal would help law firms use AI to manage routine and complex work to allow lawyers to focus on higher-value services, while keeping their data secure and confidential.
The new plug-in for Gemini Enterprise includes integration with legal software and data platforms and a stable of AI agents that Google said can handle specialized legal and administrative functions without significant human oversight.
Alphabet launched Gemini Enterprise for business customers in October, in a bid to attract more corporate clients with its AI offerings. Google Cloud has become one of Alphabet's fastest-growing businesses.
#Legal #lawyers #firms #mike
2 months ago
By Mike Scarcella
WASHINGTON, Aug 25 (Reuters) - Alphabet's Google on Tuesday expanded its Gemini Enterprise artificial intelligence platform with new tools for lawyers and law firms, accelerating a race among technology companies to meet legal sector demand for AI.
The company said its Gemini Enterprise for Legal would help law firms use AI to manage routine and complex work to allow lawyers to focus on higher-value services, while keeping their data secure and confidential.
The new plug-in for Gemini Enterprise includes integration with legal software and data platforms and a stable of AI agents that Google said can handle specialized legal and administrative functions without significant human oversight.
Alphabet launched Gemini Enterprise for business customers in October, in a bid to attract more corporate clients with its AI offerings. Google Cloud has become one of Alphabet's fastest-growing businesses.
#lawyers #firms #data
WASHINGTON, Aug 25 (Reuters) - Alphabet's Google on Tuesday expanded its Gemini Enterprise artificial intelligence platform with new tools for lawyers and law firms, accelerating a race among technology companies to meet legal sector demand for AI.
The company said its Gemini Enterprise for Legal would help law firms use AI to manage routine and complex work to allow lawyers to focus on higher-value services, while keeping their data secure and confidential.
The new plug-in for Gemini Enterprise includes integration with legal software and data platforms and a stable of AI agents that Google said can handle specialized legal and administrative functions without significant human oversight.
Alphabet launched Gemini Enterprise for business customers in October, in a bid to attract more corporate clients with its AI offerings. Google Cloud has become one of Alphabet's fastest-growing businesses.
#lawyers #firms #data
2 months ago
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters.
Apex Fintech Solutions has signed a deal with Gemini ***** e Station to bring Gemini ***** an's crypto event contracts to Apex's recently launched prediction markets platform. With this deal, the Gemini subsidiary would become the exclusive regulated venue for crypto prediction markets distributed through Apex's Futures Commission Merchant (FCM).
Apex's brokerage clients will use Gemini for execution and clearing for their crypto event contracts. Gemini will also bring additional contract categories, such as sports, economics, and financial markets.
"Leveraging more than a decade of experience building and operating a regulated platform for crypto, a new and emergent ***** et class, we deliberately chose to build our predictions platform in-house," said Tyler Winklevoss, CEO of Gemini, in a statement. "We believe that predictions are the future of markets, and this strategy allows us to expand our offering and open access to valued partners like Apex as demand for event contracts grows."
This follows news earlier this month that Apex launched a prediction markets platform, with an API that gives firms access to market flow from prediction market exchange Kalshi. With the new platform, Apex handles all FCM operations, clearing, segregated custody and account management, so firms don't have to build their own FCM infrastructure or direct exchange connectivity.
#gemini
Apex Fintech Solutions has signed a deal with Gemini ***** e Station to bring Gemini ***** an's crypto event contracts to Apex's recently launched prediction markets platform. With this deal, the Gemini subsidiary would become the exclusive regulated venue for crypto prediction markets distributed through Apex's Futures Commission Merchant (FCM).
Apex's brokerage clients will use Gemini for execution and clearing for their crypto event contracts. Gemini will also bring additional contract categories, such as sports, economics, and financial markets.
"Leveraging more than a decade of experience building and operating a regulated platform for crypto, a new and emergent ***** et class, we deliberately chose to build our predictions platform in-house," said Tyler Winklevoss, CEO of Gemini, in a statement. "We believe that predictions are the future of markets, and this strategy allows us to expand our offering and open access to valued partners like Apex as demand for event contracts grows."
This follows news earlier this month that Apex launched a prediction markets platform, with an API that gives firms access to market flow from prediction market exchange Kalshi. With the new platform, Apex handles all FCM operations, clearing, segregated custody and account management, so firms don't have to build their own FCM infrastructure or direct exchange connectivity.
#gemini
2 months ago
Cryptocurrency exchange Gemini (NASDAQ: $GEMI) is expanding further into prediction markets through a new partnership with Apex Fintech Solutions.
Gemini, founded by the twin brothers Cameron and Tyler Winklevoss, is teaming up with privately held Apex to expand distribution of its prediction markets to brokerage firms.
In a statement, the companies said that Gemini will become the exclusive provider of event contracts distributed by Apex to its brokerage clients.
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Gemini, founded by the twin brothers Cameron and Tyler Winklevoss, is teaming up with privately held Apex to expand distribution of its prediction markets to brokerage firms.
In a statement, the companies said that Gemini will become the exclusive provider of event contracts distributed by Apex to its brokerage clients.
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Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins
#apex #NASDAQ #gemi #solutions
2 months ago
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Gemini is a crypto exchange that built its reputation on the idea of keeping your crypto safe and staying on the right side of regulators. Cameron and Tyler Winklevoss, the twins behind it, launched the exchange in 2014 and still run it out of New York under strict state banking rules.
That focus shapes the whole product. You can buy, sell, and hold crypto in all 50 states through a simple screen built for beginners or through ActiveTrader, a full platform with live charts and an order book. The exchange offers bank-grade oversight and insurance on your cash and a portion of your crypto.
However, the coverage and features you get carry a cost. Basic trades run pricier here than on some of its major rivals, and the coin list it offers runs short.
So, who is Gemini actually right for? Here is what we found when we dug into the fees, the features, and the fine print.
#Crypto #right #features
Gemini is a crypto exchange that built its reputation on the idea of keeping your crypto safe and staying on the right side of regulators. Cameron and Tyler Winklevoss, the twins behind it, launched the exchange in 2014 and still run it out of New York under strict state banking rules.
That focus shapes the whole product. You can buy, sell, and hold crypto in all 50 states through a simple screen built for beginners or through ActiveTrader, a full platform with live charts and an order book. The exchange offers bank-grade oversight and insurance on your cash and a portion of your crypto.
However, the coverage and features you get carry a cost. Basic trades run pricier here than on some of its major rivals, and the coin list it offers runs short.
So, who is Gemini actually right for? Here is what we found when we dug into the fees, the features, and the fine print.
#Crypto #right #features
