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Alphabet: Wiz Doesn't Change The AI Plot

By Unknown Author|Source: Seeking Alpha|Read Time: 3 mins|Share

Alphabet's subsidiary Wiz has decided to stick with its current artificial intelligence strategy, refusing to make any significant changes to its plot. The tech giant remains committed to its existing approach in the AI sector, despite potential pressure to pivot. The decision to maintain the current AI plot reflects Alphabet's confidence in its current direction. Wiz's steadfastness in its strategy highlights the company's determination to stay the course.

Alphabet: Wiz Doesn't Change The AI Plot
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Alphabet Inc.'s Recent Acquisition in Cybersecurity

Last week, Alphabet Inc. (NASDAQ: GOOG, NASDAQ: GOOGL, TSX: GOOG:CA), also known as Google, made a significant acquisition in the cybersecurity space. The Search and AI leader's purchase of Wiz was seen by some as overpriced, but its impact on the business remains to be seen.

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I/we have no stock, option, or similar derivative position in any of the companies mentioned, but I may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in GOOG over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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