Google's parent company Alphabet shares plunge over 5% amid AI...

Google's parent company Alphabet shares plunge over 5% amid AI search competition, malware threats

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Alphabet Inc shares faced a sharp decline. Apple executive Eddy Cue cited growing AI competition. Google identified new malware LOSTKEYS linked to a Russian hacking group. The group targeted Western entities. Google partnered with Elementl Power to build nuclear plants. This will address energy demands from AI. The IEA forecasts a surge in data centre electricity usage by 2030.

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