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00:02Alphabet announced a $9 billion investment in Virginia infrastructure by 2026
00:06to expand artificial intelligence and cloud capabilities, according to CEO Sundar Pichai.
00:11Google also committed $1 billion to AI skills training, offering free access to its AI Pro
00:16plan for all Virginia college students, launching that Virginia has jobs AI career launchpad for
00:21residents. Partnerships with universities and community colleges aim to prepare students for
00:25AI-driven industries. Investment files reports of Meta's $10 billion six-year deal to
00:29run AI workloads on Google Cloud. Oracle separately announced the integration of Google's Gemini AI
00:34models into Oracle Cloud infrastructure. Move underscores Google's efforts to compete with
00:39Amazon Web Services and Microsoft's Azure. Alphabet recently reported second quarter revenue of $96.43
00:45billion. Google Cloud revenue rising to $13.62 billion from $10.35 billion a year earlier.
00:51Alphabet Class A shares edged up 0.16%. Class C shares gained 1.13% on Wednesday.
00:57For all things money, visit Benzinga.com.
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