Google parent Alphabet jumps on quantum chip breakthrough
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December 11, 2024 1:47 PM EST
Goldman Sachs analyst Eric Sheridan reiterated a Buy rating and $210.00 price target on Alphabet (NASDAQ: GOOGL).
The analyst comments "Today, Alphabet unveiled the latest version of its flagship multi-modal AI model, Gemini 2.0. With Gemini 2.0, Alphabet has seemingly achieved a step-function improvement in model performance (with improvements vs. prior versions of Gemini and other 3P LLMs across a variety of standard benchmarks - link). Alongside the launch, Alphabet also showcased a wider array of capabilities powered by the new AI model - in addition to applying Gemini 2.0 to improve existing AI... More
December 10, 2024 1:45 PM EST
BofA Securities analyst Justin Post reiterated a Buy rating and $210.00 price target on Alphabet (NASDAQ: GOOGL)
The analyst comments "Potential for tech moat for Google, and dont forget TPUs. While the commercial induction of the quantum technology may still be years away,... More
