Alphabet is investing billions in artificial intelligence, and this is currently not pleasing investors.
Although Alphabet reported record quarterly growth in its cloud services business on Wednesday, investors were more concerned about the slowdown in its key artificial intelligence model and the increase in the investment framework for 2026. The company’s stock price fell by about 3 percent after market close.
Although Alphabet reported its strongest quarterly growth in its cloud-based services business on Wednesday, investors were more focused on the setback of the most important artificial intelligence model, as well as the increase in the investment framework for 2026. The company’s stock price fell by about 3 percent in after-hours trading.
