- Alphabet Class A shares rose 1.17% to close at $368.03 on Thursday, finishing the holiday-shortened week up 2.3%.
- Shazeer, a Google engineering VP involved with the Gemini models, said he was "incredibly proud of the amazing team at Google and everything we've built together."
- D.A. Davidson analyst Gil Luria told Barron's that Google is still well positioned, but said "the race at the frontier right now appears between Anthropic and OpenAI."
- Alphabet projects $180 billion to $190 billion of capital expenditures this year, including data centers, servers and gear, and priced an $84.75 billion equity sale this month.
Alphabet's Class A shares rose 1.17% to $368.03 on Thursday, marking a 2.3% increase for the holiday-shortened week.1
Amid significant changes in AI leadership, Google engineering VP Shazeer expressed immense pride in his team, stating, “incredibly proud of the amazing team at Google and everything we’ve built together.”2
The company is navigating a competitive landscape, with D.A. Davidson analyst Gil Luria noting that “the race at the frontier right now appears between Anthropic and OpenAI.”3
In addition, Alphabet is projecting $180 billion to $190 billion in capital expenditures this year, which includes investments in data centers, servers, and gear. Recently, the company also priced an $84.75 billion equity sale this month, indicating a strong financial strategy moving forward.4
“Alphabet Class A shares rose 1.17% to close at $368.03, finishing the holiday-shortened week up 2.3%. Google engineering VP Shazeer expressed pride in the team's achievements while D.A. Davidson analyst Gil Luria noted the competitive landscape with Anthropic and OpenAI.”
