The Competition and Markets Authority (CMA) has said Alphabet’s partnership with Anthropic does not qualify for investigation under the merger provisions of the Enterprise Act 2002. In October 2023, Alphabet invested $2bn in OpenAI rival Anthropic. The artificial intelligence (AI) startup has also received $4bn funding from Amazon. The CMA is concerned that the foundational…
Following on from winning its antitrust case against Alphabet, the parent company of Google, the US Department of Justice (DoJ) is now seeking to force the search engine giant to offload its Chrome browser. The landmark US court ruling from August 2024 declared that Alphabet had illegally sought to maintain its hold on the online…
US Department of Justice wants Alphabet to sell Chrome browser Read More »
In 2022, datacentres were estimated to consume about 2% of global energy. By 2026, that number is predicted to double to 4%, equivalent to about 1000 terawatt hours a year, which, according to Gartner, is equivalent to the consumption of a country the size of Japan. Lloyd Jones, vice-president analyst at Gartner, said the company’s…
During an earnings call for the third quarter of 2024, Alphabet CEO Sundar Pichai said the company would make its Gemini artificial intelligence (AI) model available to developers. The company reported a 15% increase in revenue for the quarter, reaching $88.3bn. Google Cloud posted a 35% revenue increase to $11.4bn, led by accelerated growth in…
Alphabet results reveal extent of AI-powered programming Read More »
Google is appealing a judgement given on 7 October by US District Judge James Donato in California, which would diminish the company’s control over the distribution of Android apps. The federal judge has ordered Google to open up its app store, Google Play, to enable third-party app stores and allow software developers to offer Android…
Internet search giant Google has hit back at the US Department of Justice’s (DoJ) suggestion that its operations should be broken up on anti-competition grounds, claiming doing so would have “significant unintended consequences” for consumers and businesses alike. The proposal follows a landmark US court ruling from August 2024 that declared that Google’s parent company,…
Google slams US government’s proposal to split company up on anti-competitive grounds Read More »
Workforce reductions are mounting across the tech sector globally as firms attempt to free up more resources for their artificial intelligence (AI) deployments. According to tracking website Layoffs.fyi, tech companies laid off more than 165,000 people in 2022 and 264,000 people in 2023, with the latest data showing that 410 tech firms have laid off…
Tech sector layoffs mount amid AI investment frenzy Read More »
The United States District Court for the District of Columbia has ruled against Google in the anti-trust lawsuit filed by the US Department of Justice (DOJ) and a number of US states. The court concluded that Google had violated Section 2 of the Sherman Act by maintaining its monopoly in general search services and general text advertising…
Court document reveals Google’s strategy to dodge Department of Justice Read More »
Thanks to the success of the burgeoning market for AI accelerators, NVIDIA has been on a tear this year. And the only place that’s even more apparent than the company’s rapidly growing revenues is in the company’s stock price and market capitalization. After breaking into the top 5 most valuable companies only earlier this year,…
NVIDIA Closes Above $135, Becomes World’s Most Valuable Company Read More »
In recent years, Nvidia has found a huge amount of success with its pivot to AI, as large language models and GPU-accelerated “premium AI PC” experiences appear to be the hot new thing in 2024. However, newer, smaller companies are vying for its market share, and they are not the ones you may be expecting.…
