AI Stocks Retreat, Buy Now! [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: Yahoo! Finance
to $1.3 trillion over the next 10 years from a market size of just $40 billion in 2022. Growth could expand at a CAGR (Compound Annual Growth Rate) of 42%, driven by training infrastructure in the near-term and gradually shifting to inference devices for large language models, digital ads, specialized software and services in the medium to long term.” AI Requires Data Centers Data centers are integral to the AI buildout because they yield the computational power and storage necessary for training and deploying large language models like OpenAI and Microsoft's (MSFT) “ChatGPT,” and Alphabet's (GOOGL) “Bard” at scale. Running an LLM requires facilities that house numerous servers and specialized hardware optimized for tasks such as deep learning. Unfortunately, these complex systems require a ton of energy due to their intense processing demands and the persistent need for temperature (cooling) regulation. Data Centers = “Hockey Stick” Growth Trajectory Continued . . . AI
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News
- Nvidia shows no signs of AI slowdown after over 400% increase in data center business [MSNBC.com]MSNBC.com
- Australia's Biggest Coal Plant to Delay Closure by Two Years [Yahoo! Finance]Yahoo! Finance
- Nvidia announces 10-for-1 stock split, shares hit $1,000 [Yahoo! Finance]Yahoo! Finance
- 'Demand is just so strong': Nvidia CEO Jensen Huang tells Yahoo Finance supply can't keep up [Yahoo! Finance Canada]Yahoo! Finance Canada
- 'Demand is just so strong': Nvidia CEO Jensen Huang tells Yahoo Finance supply can't keep up [Yahoo! Finance]Yahoo! Finance
GOOG
Earnings
- 4/25/24 - Beat
GOOG
Sec Filings
- 5/22/24 - Form PX14A6G
- 5/16/24 - Form PX14A6G
- 5/15/24 - Form 4
- GOOG's page on the SEC website