Home Gadgets Google Parent Alphabet Joins $2 Trillion Club as Results Show AI Strength

Google Parent Alphabet Joins $2 Trillion Club as Results Show AI Strength

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Google closed above the $2 trillion mark on Friday in a first for the company as the company’s latest results showed investors that Google would be a major player in the artificial intelligence (AI) arena. Alphabet’s stock rose 10 percent on Friday, adding almost $200 billion to the company’s market capitalization in its biggest one-day jump since July 2015.Google closed above the $2 trillion mark on Friday in a first for the company as the company’s latest results showed investors that Google would be a major player in the artificial intelligence (AI) arena. Alphabet’s stock rose 10 percent on Friday, adding almost $200 billion to the company’s market capitalization in its biggest one-day jump since July 2015.