According to the latest report from the PARAT database, the competitive landscape of the global Artificial Intelligence (AI) industry is taking shape. The United States' Alphabet (Google's parent company) and Microsoft lead in AI paper citations, while China's Baidu and Tencent demonstrate strong momentum in patent applications. This report overturns traditional perceptions of the AI field, emphasizing the robust development of cutting-edge research in the industry, particularly the research quality of Chinese companies. 'Attention Is All You Need' paper.

It has been reported that Alphabet plans to invest an additional $5 billion into its autonomous driving subsidiary, Waymo, over the coming years. This significant announcement was made by Ruth Porat, Alphabet's Chief Financial Officer, during the company's second-quarter earnings call. Porat stated that this "multi-year investment" will align with the investment levels of recent years, aiming to support Waymo's efforts to solidify its position as a global leader in autonomous driving technology.

Google's parent company, Alphabet, is preparing for a major acquisition. According to The Wall Street Journal, Alphabet is in deep negotiations with cloud security company Wiz, with the deal potentially valued at $23 billion, which could become the largest acquisition in Alphabet's history.Wiz specializes in providing comprehensive cloud security solutions, capable of collecting data from major cloud platforms and conducting security risk analysis. Industry insiders believe this move aims to str

Alphabet's stock price surged on Wednesday, briefly surpassing its all-time high closing price. Analysts are optimistic about Alphabet's leading position in the artificial intelligence sector, which is expected to make it a top choice in 2024. Google has released the Gemini AI model, reportedly capable of surpassing OpenAI's GPT-4, accelerating competition in the AI field. Alphabet is currently valued at approximately $1.9 trillion, solidifying its position as the third-largest company by market capitalization in the United States. The AI boom continues to drive sustained growth among tech giants, with Alphabet following only behind Apple.