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☆ Alphabet tempers fears that it's falling behind in AI with blowout first-quarter results
▼ + stars: | 2024-04-25 | by ( Jennifer Elias | ) www.cnbc.com time to read: +4 min

Google CEO Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California. There were other reasons for skepticism ahead of Alphabet's earnings report. Like Meta, Alphabet is pouring money into AI. Last month, Alphabet announced a suite of products, including Vertex AI, a no-code console for enterprise companies to build their own AI agents. With first-quarter results in the rearview mirror, Alphabet now has to keep up with heightened expectations, which will only increase as competitors roll out more generative AI products.

Persons: Sundar Pichai, Emily Chang, Ruth Porat, missteps, Investors, Mark Zuckerberg, Pichai, he's, Prabhakar Raghavan, Raghavan Organizations: APEC, Summit, Moscone West, YouTube, Nasdaq, Nvidia, Amazon, Meta, Revenue, Google, Amazon Web Services, Microsoft, rollouts Locations: San Francisco , California, San Francisco, U.S

☆ Google CEO tells employees Gemini AI blunder ‘unacceptable’
▼ + stars: | 2024-02-28 | by ( Jennifer Elias | ) www.cnbc.com time to read: +1 min

Google CEO Sundar Pichai speaks in conversation with Emily Chang during the APEC CEO Summit at Moscone West on November 16, 2023 in San Francisco, California. In a memo Tuesday evening, Google CEO Sundar Pichai addressed the company’s artificial intelligence mistakes, which led to Google taking its Gemini image-generation feature offline for further testing. Google introduced the image generator earlier this month through Gemini, the company’s main group of AI models. Over the past week, users discovered historical inaccuracies that went viral online, and the company pulled the feature last week, saying it would re-launch it in the coming weeks. This has to be our approach for all our products, including our emerging AI products.”Read the full text of the memo here:

Persons: Sundar Pichai, Emily Chang, Pichai, “, ” Pichai, Bard, Gemini, “ We’ve, ” Organizations: APEC, Summit, Moscone West, Google, Semafor, Gemini Locations: San Francisco , California

☆ AI can 'disproportionately' help defend against cybersecurity threats, Google CEO Sundar Pichai says
▼ + stars: | 2024-02-23 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +5 min

Justin Sullivan | Getty Images News | Getty ImagesMunich, GERMANY — Rapid developments in artificial intelligence could help strengthen defenses against security threats in cyber space, according to Google CEO Sundar Pichai. Amid growing concerns about the potentially nefarious uses of AI, Pichai said that the intelligence tools could help governments and companies speed up the detection of — and response to — threats from hostile actors. But AI, I think actually, counterintuitively, strengthens our defense on cybersecurity," Pichai told delegates at Munich Security Conference at the end of last week. Sundar Pichai CEO at GoogleHowever, Pichai said that AI was also lowering the time needed for defenders to detect attacks and react against them. Google last week announced a new initiative offering AI tools and infrastructure investments designed to boost online security.

Persons: Sundar Pichai, Emily Chang, Justin Sullivan, Pichai, —, Hillary Clinton, Mark Hughes, DXC, Hughes, That's Organizations: APEC, Summit, Moscone West, Getty, Munich, Cybersecurity Ventures, Britain's, Cyber Security, Google, MSC, Adobe, IBM, Meta, Microsoft, Twitter, U.S, Iran's, Guard, CNBC Locations: San Francisco , California, San Francisco, Munich, GERMANY, cybersecurity, GCHQ, Russia, China, Iran

☆ Uber beats estimates as revenue and bookings see double-digit growth
▼ + stars: | 2024-02-07 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Uber reported fourth-quarter results Wednesday that beat analysts' estimates on top and bottom lines. Here's how the company did:Earnings per share: 66 cents vs. 17 cents expected by LSEG, formerly known as Refinitiv. 66 cents vs. 17 cents expected by LSEG, formerly known as Refinitiv. Uber's net income includes a $1 billion net tailwind thanks to "unrealized gains" from revaluations of its equity investments, according to a release. Uber anticipates an adjusted EBITDA of $1.26 billion to $1.34 billion, compared to the $1.26 billion expected by analysts.

Persons: Dara Khosrowshahi, Uber, LSEG, EBITDA, Khosrowshahi Organizations: APEC, Summit, Moscone West, LSEG, StreetAccount, Mobility Locations: San Francisco , California

☆ CNBC Daily Open: Trouble in AI paradise
▼ + stars: | 2023-11-20 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. [PRO] Nvidia earnings in focus After the flurry of inflation reports last week, this week looks comparatively quiet in terms of economic data releases. In other words, there will be other companies — like Anthropic or Google — more than ready to assume AI leadership. And Nvidia's report, out Tuesday, will in all probability reassure investors shaken by the cracks in the gilded world of generative AI.

Persons: Sam Altman, Michael Herzog, Musk, Stocks, Scott Ladner, OpenAI, Sam Altman's, Ilya, Zachary Lipton, Patrick Moorhead Organizations: APEC, Summit, Moscone West, CNBC, Hamas, Apple, Disney, IBM, Twitter, Media Matters, America, Dow Jones, Nasdaq, Dow, Horizon Investments, Carnegie Mellon University Locations: San Francisco , California, Israel, U.S

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