Google's upcoming A series smartphone, the Pixel 8a, has been a subject of anticipation, with leaks providing insights into its design and features. Now, the pricing details have emerged, shedding light on what consumers can expect.
11.04.2024 - 18:07 / tech.hindustantimes.com
Investors are becoming more optimistic about Alphabet Inc.'s artificial intelligence strategy, after a run of glitches and misfires that sent its shares tumbling.
The stock is heading back toward what would be a record $2 trillion market value — a milestone surpassed only by Microsoft Corp., Apple Inc. and Nvidia Corp. in the United States. It has rallied back from last month's low, when the shares dropped on concerns the company was falling behind in AI.
Using this week's cloud event to show that its AI model is enterprise-ready despite recent stumbles in its consumer-facing tools, focus is now turning to this month's earnings and a developer's conference in May. While Alphabet's path to AI monetization is still seen as cloudy, the stock's relatively cheap valuation has kept it attractive to many on Wall Street.
“While the headlines haven't been favorable, Google's role in generative AI products will present massive growth opportunities for the stock,” said Sylvia Jablonski, chief executive officer at Defiance ETFs. Alphabet is also set to benefit from making its own generative AI tools that can power more precise ads and increase revenues from ad spend, she added.
Alphabet's misfiring Gemini product had been viewed as a major setback for a firm known for its technological prowess, with the company in February pausing an image generation feature that drew criticism over inaccurate historical depictions of race.
The company's cloud computing conference in Las Vegas this week offered investors some reassurance, as the firm showed how Gemini can be used to create advertisements, prevent cybersecurity threats and spin up short videos and podcasts. Google also showed a new chip designed to handle AI workloads.
News that Apple Inc. is considering using Google's Gemini technology to power AI services added more fuel to the rebound. Up to the last close, shares are up 12% this year.
“Google's hardware advances, Gemini progress, and AI driven app demos should help sentiment on AI capabilities,” Bank of Amercia Corp. analyst Justin Post wrote in a note Tuesday. “We see Cloud as positive driver for stock given AI credibility, faster growth, improving margins.”
The stock trades at 21 times forward earnings, below Microsoft's 33 times, and about the same as the S&P 500 Index. Alphabet shares rose 0.7% on Thursday.
Still, not all are convinced by the discount, despite “plenty of people that are making the argument that it's so cheap right now,” said Michael Lippert, vice president and portfolio manager at the Baron Opportunity Fund.
Given the competitive search space, Alphabet “should be investing every single dollar at a higher ROI (return on investment) into their own businesses,” he said.
For now, the
Google's upcoming A series smartphone, the Pixel 8a, has been a subject of anticipation, with leaks providing insights into its design and features. Now, the pricing details have emerged, shedding light on what consumers can expect.
A new Guinness World Record was set during a recent Yu-Gi-Oh card game tournament in Tokyo, Japan. While the original Yu-Gi-Oh manga wasn’t always centered around the Duel Monsters card game, it has become one of the most recognizable elements of the franchise. Konami started producing a physical Yu-Gi-Oh card game back in 1999, with Upper Deck bringing it to the US in 2002. Since then, Yu-Gi-Oh has become one of the highest-selling card games in the world, spawning several video games in the process.
Microsoft has revealed the time and date for its upcoming in June. As with last year, Xbox will follow the show with a Direct presentation focusing on a specific title. However, the company is being secretive about which game it will be.
Yu-Gi-Oh! just broke the Guinness World Record for the most entrants in a trading card game tournament, shattering its own record. This year, 7,443 people took part in the 10th Yu-Gi-Oh! Champion Series Japan tournament held at the Tokyo Big Sight.
For all long as the Fallout franchise has been around, it has never been set outside of the United States. Of course, its over-the-top, retro-futuristic Americana satirization is a core aspect of what makes Fallout, Fallout, but on new few occasions, large chunks of the series’ fanbase have wondered how locations outside of the US are faring in Fallout’s post-apocalyptic setting, and whether they could fare as suitable settings for a future Fallout game.
For years Fallout fans have wondered if a video game in the franchise will ever leave the United States for another country. According to Fallout lore, the nuclear war of 2077 upon which the franchise is based was not localized to the U.S., but a global event. And so, the idea of traipsing astound post-apocalyptic London or even Canada has long-been mooted by fans.
Using their geography education, some in-game maps, and a screenshot from the recent live-action series, one Fallout superfan has been piecing together the approximate location of every single known vault and placing them onto a map of the USA. And now, a canceled version of Fallout 3 has filled in even more information.
Fellow Traveller, a narrative games publisher, has just signed a deal with Made Up Games, a new game development studio from New York. Now, why are we talking about this deal? Well, they have also shared the news about a new interactive story and video game they’re cooking together as part of the deal.
Almost 20 years after its original release, Mother 3 has still never been officially released outside of Japan. Nintendo has never offered up a concrete explanation as to why that is, and for some reason, it continues to taunt those of us who would give them vast amounts of money for an official US release. Mother 3 was recently added to Nintendo Switch Online, but only on Japan, and the plushes revealed to mark the occasion are now available to pre-order.
It’s never been easier to play Fallout 3 and Fallout: New Vegas, especially for those with an Xbox and Game Pass. Benefits like FPS Boost – which makes games that traditionally run at 30 frames-per-second run at a smoother 60fps – and native 4K are possible on Xbox Series X and S thanks to backwards compatibility enhancements, but it’s not quite so straightforward if you’re playing on PC.
A new movie spin-off in popular anime series Spy x Family is wowing critics ahead of its release, earning a 100% Rotten Tomatoes score. The reviews, of which there are 12 at the time of writing, are calling it a "captivating", "wall-to-wall fun" film, full of "unique whimsy".
Kingdom of the Planet of the Apes is set to introduce a bunch of new characters to the long-running franchise, from Owen Teague's primate protagonist Noa to Freya Allan's human Mae. It'll also welcome a new villain, too: Kevin Durand's Proximus Caesar.