It will receive follow-on capital from existing backer Alphabet ... NEWSLETTER The AI research lab, which launched in 2021, aims to transform the drug discovery and design process by using ...

Alphabet shares dropped 7.2% on a fourth-quarter revenue miss and high capital expenditures plans. The company plans to spend $75 billion on capital expenditures as it build out its AI offerings ...

The $600 million round was led by Thrive Capital ... investor Alphabet, Google’s parent, it said. The funding will accelerate further development of Isomorphic’s AI drug design engine ...

Alphabet, the parent company of Google, is planning to invest $75bn in AI infrastructure in 2025. This move is aimed at bolstering the company's capabilities in AI research and the integration of ...

In the January-March period, the company’s capital expenditure had jumped 91% to $12 billion, spooking investors. Like its competitors, Alphabet is racing to roll out AI offerings as investors ...

AI drug discovery firm Isomorphic Labs has completed the company’s first external funding round since its 2021 founding within Google parent company Alphabet, raising $600 million to advance its ...

Isomorphic Labs Inc., a healthcare startup that spun out of Alphabet Inc. in 2021, today announced that it has closed a $600 million funding round. OpenAI backer Thrive Capital led the investment.

Alphabet Inc. shares fell ... higher than analysts expected. Capital spending rose to $13.2 billion in the second quarter, supporting Google’s AI programs and computing power needs, the company ...

But just like Meta, Alphabet isn't throwing down the towel in Big Tech's AI spending wars.In its latest earnings report, Alphabet announced it would boost capital expenditures to $75 billion this ...

Capital expenditures in the quarter were also ... Goldman says its optimism comes largely from Alphabet's AI opportunity. "While we cannot refute the continued investor debate around the future ...

Alphabet shocked investors with its plan for $75 billion in capital expenditures in 2025. Its investments are paying off with strong Google Cloud growth and improvements to search and advertising.