Stories
Alphabet
Stories curated for Alphabet
Tech News
Alphabet's $500 Billion Wipeout: The Day AI Search Came for Google's Cash Machine
Alphabet shares suffered their worst single-day drop on record this week, erasing roughly $500 billion in market value after its own AI search features were shown to be denting the advertising business that funds the entire company. The fallout is the sharpest warning yet that the AI boom's payoff may be slower — and messier — than investors expected.
Tech News
Waymo's $5 Billion Loan Marks a New Era for Autonomous Driving
Waymo has closed its first-ever debt financing, a $5 billion term loan backed by PIMCO, Blackstone, and Sixth Street, to fuel its robotaxi expansion across the US, Europe, and Asia. The move signals that autonomous driving has officially entered its capital-intensive scaling phase.