“Shark Tank”‘s Kevin O’Leary Considers Investing In ChatGPT, Claims it is “Killing” Google
Shark Tank star and investor Kevin O'Leary revealed that he is considering an investment in ChatGPT ahead of the parent company OpenAI's next round of funding. The company was valued at $29 billion during an early January funding round, during which Microsoft injected a...
Google Parent Company to Lay Off 12,000 Workers
Google parent company Alphabet Inc announced on Friday its decision to lay off 12,000 of its workers following a shift in strategies and priorities. The company is now looking to boost its reliance on Artificial Intelligence (AI) technology.
Alphabet shares rose almost 4% in...
Alphabet Shares Jump Despite Q2 Misses
Alphabet, the parent company of Google, missed on Wall Street's revenue and earnings estimates in the second quarter but saw its shares jump 4% in after-hours trading regardless. This is likely a result of positive ad revenue in a challenging environment for digital advertisement.
The...
Alphabet Shares See Several Ups and Downs After Stock Split Takes Effect
Alphabet's long-anticipated 20-1 stock split took effect on Monday, resulting in a short-term shares spike for the Google parent company. Alphabet Class A stock (GOOGL) had a split-adjusted $111.78 close on Friday before surging to $113.68 per share at one point on Monday morning.
The...