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alphabet danger ai: Alphabet faces ‘clear and present danger’ of falling short in AI

The only thing that matters to Alphabet Inc. investors is whether it can get artificial intelligence right.That was the message delivered this week as the company’s shares tumbled following news that Google’s flagship AI product was misfiring. The selloff erased $80 billion in market value in a single day, underscoring the importance investors now place on all things AI.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIndian School of…

Alphabet Moving ‘Too Fast’ in AI, Bernstein Warns in Downgrade

Alphabet Inc. received another downgrade on Tuesday, with Bernstein becoming the latest firm on Wall Street to step away from the Google parent company.Shares fell 1.5% after the cut to market perform from outperform. The stock is on track for its sixth negative session of the past seven, though it remains up more than 30% this year. Analyst Mark Shmulik wrote that the stock's narrative “has quickly caught up to fundamentals,” resulting in a balanced risk profile. The firm also noted risks related to artificial…

What is Nvidia’s role in the AI boom and why are its shares soaring?

 Nvidia Corp soared to a trillion-dollar market value on Tuesday as shares continued to surge after a bumper earnings report that forced Wall Street to reassess the potential windfall for the chipmaker from an artificial intelligence boom.Here's an explainer on Nvidia and its role in AI boom.HOW BIG IS NVIDIA IN TERMS OF MARKET VALUE? Nvidia's $1 trillion valuation makes it the fifth most valuable U.S. company behind Apple, Microsoft, Alphabet and Amazon. FROM GAMING TO AI: NVIDIA'S FOCUS SHIFTNvidia, known for its chips…