Tag: forecasts
Google earnings beat Wall Street forecasts, Cloud revenue hits record thanks to AI
Google parent Alphabet on Tuesday reported sales of nearly $85 billion for the second quarter, surpassing Wall Street’s expectations by about $640 million, according to FactSet consensus estimates. Wiz backing out of the Google deal could have big implications for Microsoft, analyst says “Our strong performance this quarter highlights ongoing strength in Search and momentum …
Google AI slashes computer power needed for weather forecasts
AI could help predict the weather more accurately Ranimiro Lotufo Neto/Alamy Google researchers have built an artificial intelligence that they say can forecast weather and climate patterns just as well as current physics models while also requiring less computer power. Existing forecasts are based on mathematical models run by enormously powerful supercomputers that deterministically predict …