Alphabet partners with OpenAI for AI computing on Google Cloud, highlighting growth opportunities.

From Yahoo Finance: 2025-06-11 16:46:00

Alphabet Inc. (NASDAQ: GOOGL) partners with OpenAI to utilize Google cloud service for AI computing needs. The deal was finalized in May after discussions lasting a few months. Google’s cloud unit will provide additional computing capacity to OpenAI for training and deploying AI models, marking a significant win for the company. Scotiabank analysts find the collaboration surprising, highlighting growth opportunities for Google Cloud and potential competition from ChatGPT. The partnership underscores the companies’ willingness to cooperate despite competing in the AI space, signaling a big win for Google’s cloud unit. While GOOGL shows investment potential, other AI stocks may offer greater upside with less downside risk. Explore undervalued AI stocks in a free report for investment opportunities.



Read more at Yahoo Finance: Alphabet (GOOGL) Lands Surprise Win as OpenAI Picks Google Cloud for AI Expansion