Google parent Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) stock is up on Thursday. It resolved a patent lawsuit on Wednesday involving AI technology, with the claim amounting to an extraordinary $1.67 billion. Singular Computing, established by Massachusetts computer scientist Joseph Bates, initiated the lawsuit. The company accused Google of misusing its computer-processing solutions. Google has also partnered with Hugging Face, a startup specializing in AI software, to host its platform on Goo
(Bloomberg) Behind almost every leading artificial intelligence startup, you’ll find a tech giant fueling its rise.Most Read from BloombergTesla Sinks After Warning About ‘Notably Lower’ Growth RatePutin Sends US Signal on Ukraine Talks, Sensing Advantage in WarUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearMicrosoft Cuts 1,900 Jobs in Gaming, Including at ActivisionMicrosoft Corp., Alphabet Inc. and Amazon.com Inc. have invested billions in the top artificial intelligence sta