Alphabet has surged to a $4tn market value, becoming the fourth Big Tech giant to do so as investors warm to Google’s AI comeback led by its Gemini models.
A landmark deal with Apple to power a revamped Siri using Gemini helped cement confidence that Google can compete head-on with OpenAI, reversing earlier fears it was falling behind.
The AI race is heating up, reshaping the balance of power across Big Tech…
Roman Stanek, GoodData’s founder and long-time CEO – featured in The New York Times, City AM, and Business Insider for his unfiltered takes on the future of AI and data – has an interesting take on the AI race:
Stanek said, “The US is moving at the speed of innovation. China is copying at scale. Europe is regulating. It’s a suicidal mindset to think you can legislate your way to relevance. The AI race is like the Moon race – you either launch or you watch. Regulation should protect innovation, not paralyse it. Velocity is not just a competitive advantage anymore, it’s survival.
People keep asking if AI is a bubble, and will this bubble pop? But AI isn’t a bubble; it’s a transformation. Every technology bubble in history left behind real value – the internet, cloud, mobile. AI isn’t speculative, it’s compounding. You can’t uninvent intelligence. The companies waiting for the ‘bubble to pop’ will wake up to find the world has moved on without them.
AI isn’t a feature, it’s the new operating model. Businesses and Governments who treat AI as a side project will miss the real transformation. All businesses need to be completely rethought. Not just the chatbots, storefronts and apps – but how data, enterprise systems, and decisions work together. We’re not adding AI to business processes; we’re rebuilding those processes around AI.”
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