12:39 - 5.02.2026
February 5, Fineko/abc.az. Google's parent company, Alphabet, has strengthened its position in the field of artificial intelligence and has been able to change investor attitudes.
ABC.AZ informs, referring to Reuters, that company's management stated that investments in AI have already begun to bring financial returns in all key business areas. The Google Gemini app exceeded 750 million monthly active users in the last quarter, and company's shares increased by nearly 36% since October.
Although Gemini's performance is still inferior to OpenAI's audience, the market positively evaluates Alphabet's sustainable business model. Over the same period, Microsoft's shares declined more than by 20%, while Oracle's declined almost by 49%. Analysts note that investors are betting on companies that can finance the development of AI from their own income, rather than external capital.
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