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technology3h ago
Google CEO Sundar Pichai says 'AI shift' opens opportunities to invest in startups
- Pichai says the AI shift creates more opportunities to deploy capital in startups, signaling a broader funding approach for Alphabet.
- Alphabet’s past bets include SpaceX, which has grown from a $12 billion value to a much higher market cap over time.
- Anthropic remains a key example of Alphabet’s AI investments, with significant capital and a growing valuation.
- Pichai emphasizes Alphabet’s aim to be a steward of capital while pursuing ROIC-driven investments.
- Waymo and Stripe are cited as examples of Alphabet’s external and strategic investments backed by the AI push.
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