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Stockreport

Google DeepMind CEO Demis Hassabis says some AI startups are wildly overpriced — and a correction is coming [Business Insider]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Business Insider
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Jack Taylor/Getty Images for SXSW London This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Google DeepMind CEO Demis Hassabis says some early AI startups are raising big money. But these startups "haven't even got going yet," he said, adding that an over-correction is likely. His comments come amid growing scrutiny of soaring AI startup valuations. Demis Hassabis has a blunt message for parts of the AI startup world: Some of this looks unsustainable. The DeepMind cofounder and CEO said in an episode of "Google DeepMind: The Podcast" published Tuesday that there are likely "bubbles" forming in today's AI funding frenzy, particularly among early-stage startups raising money at huge valuations. Some startups "basically haven't even got going yet," he said, yet are raising at "tens of billions of dollars valuations just out of the gate." "It's sort of interesting to see how can that be s [Read more]
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Stockreport

Google DeepMind CEO Demis Hassabis says some AI startups are wildly overpriced — and a correction is coming [Business Insider]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Business Insider
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Jack Taylor/Getty Images for SXSW London This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Google DeepMind CEO Demis Hassabis says some early AI startups are raising big money. But these startups "haven't even got going yet," he said, adding that an over-correction is likely. His comments come amid growing scrutiny of soaring AI startup valuations. Demis Hassabis has a blunt message for parts of the AI startup world: Some of this looks unsustainable. The DeepMind cofounder and CEO said in an episode of "Google DeepMind: The Podcast" published Tuesday that there are likely "bubbles" forming in today's AI funding frenzy, particularly among early-stage startups raising money at huge valuations. Some startups "basically haven't even got going yet," he said, yet are raising at "tens of billions of dollars valuations just out of the gate." "It's sort of interesting to see how can that be s [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS