Shares of the Google parent company rallied into a second session, with some investors more encouraged about the company’s competitiveness in AI

Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) were moving higher again today as investors continue to react to the company's product announcements from yesterday's I/O developer conference. The gathering seemed to convince investors that Alphabet's artificial intelligence (AI) strategy was capable of driving growth and protecting its market share.

SEC filing detailed that Brin transferred approximately 4.1 million Alphabet shares, evenly split between newly converted Class A and Class C stock.

Alphabet shares jumped 4% on Thursday, rising for a second straight day, as investors cheered the Google parent's artificial intelligence updates including the rolling out of "AI Mode" to all its U.S.

Investing in Alphabet may offer exposure to innovative sectors such as AI and cloud computing due to its acquisition strategy. Alphabet maintains a competitive edge by acquiring companies that enhance its technology ecosystem and expand its global reach.

(Reuters) -The U.S. Justice Department is probing whether Alphabet's Google violated antitrust law in its agreement with AI startup Character.AI that allows the tech giant to use the chatbot maker's technology, Bloomberg Law reported on Thursday, citing people with knowledge of the matter.

El Departamento de Justicia de Estados Unidos está investigando si Google, propiedad de Alphabet Inc., infringió la ley antimonopolio con un acuerdo para utilizar la tecnología de inteligencia artificial de un popular creador de chatbots,

Alphabet stock was sliding Tuesday afternoon as the Google I/O keynote announcements initially seemed to underwhelm investors. Alphabet shares dropped as the company shared AI news, with several of the AI updates announced scheduled to come in the weeks and months ahead.

The Swedish carmaker said on Wednesday that it is now the lead development partner for Android automotive software.

Google announced Wednesday it has reduced its funding contribution for newsrooms across California, following the lead of Governor Gavin Newsom, D-Calif., who made a similar cut from his budget plan.