By Lucia Maffei Shares of HubSpot Inc. plunged in Wednesday afternoon trading after Bloomberg reported that Google parent company Alphabet put the brakes on its rumored acquisition of the Cambridge-based marketing firm. On Wednesday HubSpot’s stock (NYSE: HUBS) closed down 12.22%, giving the company a market capitalization of $25.06 billion. When rumors of a potential deal first emerged in April, the markets were valuing […]
By Thomas Seal The chief of Google’s AI business said that over time the company will spend more than $100 billion developing artificial intelligence technology — another sign of the investing arms race that has gripped Silicon Valley. Google DeepMind Chief Executive Officer Demis Hassabis was asked at a TED conference in Vancouver on Monday about a potential […]
By Thomas Lee When OpenAI debuted its ChatGPT bot earlier this year, the startup attracted enormous attention and launched a wave of interest in artificial intelligence. But Google,which has long led the way in rolling out new technologies to support its search business, was caught flat-footed.Now, as the tech giant celebrates its 25th anniversary amid […]
