Alphabet Traders Look to Developer Event to Shift AI Narrative
The Google Cloud Next "25: AI Exclusive at the Sphere" event in April.
Photographer: Candice Ward/Getty Images
Alphabet Inc.’s investors are looking to this week’s developer conference to see if the company can reset the narrative amid fears that its long-standing market dominance is on shaky ground.
The Google I/O event, which begins Tuesday, is expected to showcase the company’s latest advancements in artificial intelligence. Positive updates could help ease concerns about the rivals nipping at its heels and eating away at its dominant position in web search, even as the company spends heavily on AI.