AI News That Broke The Internet This Week

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5. Alphabet Inc. (NASDAQ:GOOG)

Number of Hedge Fund Holders: 165

Alphabet Inc. (NASDAQ:GOOG) is a California-based technology company that owns and runs the internet search engine Google. Recent reports suggest that the company will soon roll out the people-generating feature of its AI assistant, Gemini. This feature was temporarily paused earlier this year due to concerns about racial handling. The update is significant as it will introduce a capability not yet offered by Google’s competitors, available to users subscribed to paid Gemini plans, including Gemini Advanced, Business, or Enterprise. Google has also updated the image-generating model within Gemini for this launch.

In another notable development, Reuters recently reported that Alphabet Inc. (NASDAQ:GOOG) is planning to construct a large data center in Vietnam. Data centers are critical to the ongoing AI revolution in the tech industry. To date, no hyper-scaler has announced plans to build a data center outside the US. According to Reuters, internal discussions are underway, and the facility could be operational by 2027.

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