Google DeepMind CEO Claims China's AI is Just Months Behind
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3d ago
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Source: CNBC
- Significant Progress in China: Google DeepMind CEO Demis Hassabis stated that Chinese AI models are only months behind U.S. capabilities, challenging the notion that China is far behind, which could impact investor confidence in the Chinese AI market.
- Technological Breakthroughs and Challenges: While Chinese AI labs like DeepSeek have made strides in cost and performance, Hassabis noted that Chinese companies have yet to prove their ability to innovate in AI, potentially limiting their competitiveness in the global market.
- Chip Restrictions Impact Development: Chinese tech firms face significant challenges due to U.S. export bans on advanced semiconductors; although the White House may approve sales of Nvidia's H200 chip, it still falls short of meeting the needs for more advanced AI models, which could widen the gap between U.S. and Chinese AI capabilities.
- Difficulty of Scientific Innovation: Hassabis emphasized that scientific innovation is much harder than copying, and while China has strong engineering capabilities, a lack of the right
Analyst Views on GOOG
Wall Street analysts forecast GOOG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GOOG is 336.08 USD with a low forecast of 255.00 USD and a high forecast of 400.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
14 Buy
1 Hold
0 Sell
Strong Buy
Current: 333.160
Low
255.00
Averages
336.08
High
400.00
Current: 333.160
Low
255.00
Averages
336.08
High
400.00
About GOOG
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





