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Motley Fool Hidden Gems Investing

Ok, Cloud

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 9 April 2024

⏱️ 28 minutes

🧾️ Download transcript

Summary

Google is the latest tech company to host a conference full of AI pronouncements. (00:21) Asit Sharma and Deidre Woollard discuss: - Why the market is smiling on Alphabet lately. - How Google’s announcements show the company’s AI ambitions. - What Blackstone might buy next. (17:26) Robert Brokamp interviews Steve Chen, the CEO of NewRetirement, on what savers often miss about retirement. Companies discussed: GOOG, GOOGL, BX, MSFT, AZMN Host: Deidre Woollard Guests: Asit Sharma, Robert Brokamp Producers: Ricky Mulvey, Mary Long Engineers: Ricky Mulvey, Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Move over clipping.

0:06.4

Gonnaise wants to be your new workplace friend.

0:08.6

Bautly full money starts now. Welcome to Motley Full Money. I'm D'Dra Woolard here with Motley Full Money. I'm Deidra Willard here with Motley Full analyst

0:24.6

Ossit Sharma. Asid, how's your Tuesday going?

0:27.0

Spectacular, Didra. How about you?

0:30.0

Good. I like to hear Spectacular. I think Alphabet might be having a spectacular day or week. They're very excited. They've got their cloud next event in Las Vegas this week. You know, I'm getting a little bit of event conference fatigue

0:48.0

of all of these big tech companies.

0:49.8

They're coming out with these announcements and it's always a big flood of partnerships and forecasts.

0:55.4

But one of the things I find interesting is how the narrative has shifted on alphabet.

0:59.8

You know, a couple months ago everyone was, Invidio's already won the race and everybody else is second

1:06.0

and nothing that Google is putting out is working.

1:10.0

And now that has really shifted.

1:12.0

What's behind that?

1:13.6

Dieter, one of the things behind all this

1:15.8

is that Alphabet has deep expertise

1:19.2

in machine learning, in algorithms, in generative AI.

1:23.1

They were really the seminal,

1:25.9

or one of the seminal forces that pushed generative AI

1:29.4

along.

1:30.3

It's just that other companies like Microsoft with their partnership with open AI swooped in and brought it to a consumer facing model.

1:39.0

So Google has the chops.

1:41.0

It's just a question of getting that out in front of both customers

...

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