ORMAT TECHNOLOGIES: Power Purchase Agreement to Aid Google’s Data Center Activities in Nevada
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy GOOGL?
Source: moomoo
- Company Overview: Ormat Technologies is involved in supporting Google's data center operations in Nevada.
- Industry Impact: The partnership highlights the growing importance of renewable energy and geothermal resources in powering tech infrastructure.
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Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to rise
33 Analyst Rating
26 Buy
7 Hold
0 Sell
Strong Buy
Current: 302.020
Low
305.00
Averages
374.25
High
400.00
Current: 302.020
Low
305.00
Averages
374.25
High
400.00
About GOOGL
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.
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- Accelerating Technological Progress: Hassabis noted that the pace of advancements in AI systems is rapidly increasing, with foundational models becoming more capable, and he anticipates that 2026 will mark a pivotal moment for AGI, potentially arriving before 2030.
- Importance of Safety Regulations: Despite his optimism about AGI's prospects, Hassabis stressed the need for careful navigation and called for the establishment of scientific regulatory frameworks to ensure that advanced AI systems serve human goals and mitigate potential risks.
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See More
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- Infrastructure Development: Blackstone's $600 million investment in Indian AI infrastructure startup Neysa highlights the importance of foreign capital in the Indian AI market, which is expected to drive innovation and application of related technologies.
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