Alphabet Inc. is a multinational conglomerate primarily known for its role as the parent company of Google
It engages in a diverse range of activities, including internet search, digital advertising, software development, and hardware manufacturing. Alphabet's portfolio includes popular platforms and services such as YouTube, Google Cloud, and Android, as well as various initiatives in fields like artificial intelligence, autonomous vehicles, and health technology. The company's mission revolves around organizing the world's information and making it universally accessible and useful, while also exploring innovative solutions to enhance everyday life.
Amazon.com Inc. Alphabet Inc.'s Google, Meta Platforms Inc. and Dow Inc. have joined a growing coalition of companies pledging support to triple global nuclear capacity by 2050, signaling a significant shift in how tech companies plan to power their energy-intensive operations.
Alphabet Inc.'s Class C stock (NASDAQGOOG) is moving higher Wednesday as Google DeepMind unveils Gemini Robotics, a new AI-driven robotics platform powered by its Gemini 2.0 model.
Traditional nuclear power providers also registered gains on the news. Constellation Energy Corporation shares climbed nearly 5%, while Vistra’s stock jumped more than 10%.
Alphabet’s rumored purchase of eye-tracking technology company AdHawk Microsystems will likely give the former a big push into headsets and smart glasses.
