3 stories for “Alphabet”
Investors will look for an answer to one question: is the enormous AI spending already producing revenue. Microsoft will show Azure revenue in dollars for the first time, and Google is expected to report about $128 billion in revenue.
Freedman, who led fundamental research in the science group of Verily, Alphabet's life sciences company, will be responsible at the Nasdaq-listed Israeli quantum company for bridging AI and quantum technologies.
The three companies, which plan to spend up to $600 billion this year on infrastructure, report results in the coming days. Against a market selloff and rising financing costs, investors want proof the money is coming back.
