Nvidia built the AI engine. Alphabet is building the car, the road, and the toll booth. The market is pricing accordingly.
On Thursday, Alphabet’s share price rose nearly 10 per cent after the company reported first-quarter revenue of $109.9 billion, a 22 per cent increase year over year that beat analyst estimates by almost $3 billion. Google Cloud crossed $20 billion in quarterly revenue for the first time, growing 63 per cent. The cloud backlog nearly […]<br /> This story continues at The Next Web [...]
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Inside Microsoft Ignite: How Microsoft and NVIDIA are redefining the AI stack
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