incorporate AI technology across its array of services), will become the top financial officer and senior vice president of Google and Alphabet at the end of next month, the tech giant. The two-trillion-dollar tech company is waist-deep in a transition to harness the power and excitement around generative AI. It’s churning out huge investments in data centers and infrastructure and is retooling flagship products to claim turf in the burgeoning market for AI tools.
A key challenge for Ashkenazi will be monetizing these and other AI tools while safeguarding Google’s legacy search business, which may itself be threatened by users increasingly turning to AI services.and further incentivized shareholders with the double whammy of a new cash dividend and a massive stock repurchase program. Shares are up more than 25% for the year. -- Axos Financial Inc.
Emails show Elon Musk diverted a $500 million shipment of Nvidia chips intended for Tesla to X instead