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Alphabet Cloud AI Push And Valuation Outlook After Gemini And TPU News [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
Alphabet's Google Cloud unit introduced new TPU 8t and 8i AI chips, the Gemini Enterprise Agent Platform, and a $750m fund to support enterprise AI adoption at its recent Cloud Next conference. The announcements are tied to partnerships across sectors, including companies such as Nvidia, Broadcom, Marvell, Merck, Salesforce, Deloitte, and Ulta Beauty. For investors watching Alphabet (NasdaqGS:GOOGL), these Google Cloud AI announcements come with the stock trading around $338.89 and very large 3 year and 5 year returns, at 217.6% and 185.6% respectively. The 1 year return of 113.5% shows how strongly the market has already reacted to Alphabet's broader AI story, while the 30 day return of 16.7% and year to date return of 7.5% indicate more recent momentum. The new TPU chips, the Gemini Enterprise Agent Platform, and the $750m partner fund show Alphabet putting AI agents and infrastructure at the center of its commercial push. For shareholders, the key focus now is how quickly th
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