logo
Quantinuum CEO Rajeeb Hazra on US-Qatar Quantum Deal

Quantinuum CEO Rajeeb Hazra on US-Qatar Quantum Deal

Bloomberg20-05-2025

Rajeeb Hazra, President & CEO of Quantinuum speaks to Bloomberg's Tom Mackenzie from the annual Qatar Economic Forum in Doha about their new deal with the US as it becomes one of the partnerships in the $1 billion fund the US has set aside to invest in quantum technologies. (Source: Bloomberg)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Got $3,000? 1 Artificial Intelligence (AI) Stock to Buy and Hold for the Long Term.
Got $3,000? 1 Artificial Intelligence (AI) Stock to Buy and Hold for the Long Term.

Yahoo

timean hour ago

  • Yahoo

Got $3,000? 1 Artificial Intelligence (AI) Stock to Buy and Hold for the Long Term.

This dominant internet enterprise isn't new to artificial intelligence (AI), as it's been working on this technology for decades. The ability to generate extremely huge profits helps fund sizable investments to build out AI infrastructure. Shares trade at a 22% discount to the S&P 500, a deal that shouldn't be overlooked. 10 stocks we like better than Alphabet › The artificial intelligence (AI) boom is showing no signs of letting up. Executive teams want to leverage this technology, while employees are worried about how it could affect their jobs. And then there are investors that continue to look for ways to profit from this trend. Picking the right business could be a boon for your portfolio. If you have $3,000 ready to invest right now, here's one AI stock to buy and hold for the long term. "We will move from mobile-first to an AI-first world," CEO Sundar Pichai of Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) then-Google division said in the company's 2015 letter to shareholders. This was to outline a fresh strategic focus and outlook of the tech landscape. Looking back with the benefit of hindsight, it's quite remarkable how prescient this perspective was. If we go even further back, Google was using machine learning capabilities in 2001 to help users with their spelling within its popular search engine. While everyone else seems to finally be coming around to the AI craze, Alphabet has been working on this technology for quite some time. This has become more notable recently, with different platforms leveraging AI to better serve users. For example, Search allows users to conduct queries with their cameras, Maps uses AI to provide traffic info, and YouTube can come up with captions for content creators. These are clear examples of AI helping improve the user experience. At its developer conference in May, one notable update that Alphabet announced was Agent Mode. Soon to be released, this tool can handle complex, multistep tasks from start to finish by conducting different activities like surfing the web or doing deep research. Waymo, Alphabet's autonomous vehicle (AV) and robotaxi unit, also leans heavily on AI when completing rides and ensuring a safe trip. It's also used for training and advancing the AV tech. Perhaps no segment has a greater opportunity in AI than Google Cloud. Cloud computing is a major growth market, as more IT spending shifts from on-site to off-premises. This has provided a tailwind. However, now that more companies are realizing that they must incorporate AI within their own operations, it makes Google Cloud even more critical as a vendor. During the first quarter of 2025, 74% of Alphabet's revenue, or $67 billion, came from digital advertising efforts. AI is helping these important customers by building automated ad campaigns in a budget-friendly way, for example. Alphabet is undoubtedly all-in on the AI transition. It's working on this technology to not only improve its existing products and services, but to create entirely new tools for users and customers to benefit from. That strategic focus positions it well for the future. Based on these factors, it's understandable if you're starting to think that Alphabet might be the best AI stock to own. However, there are other reasons to appreciate this business and opportunity. Alphabet is in incredible financial shape. Even after sizable capital expenditures of $53 billion were made in 2024, the company still managed to bring in $73 billion in free cash flow. It generates unbelievable earnings that allow it to keep plowing more money into things like servers and data centers. Critics will say that this is wasteful spending, but it's a risk worth taking to ensure the business stays ahead of the curve. The current valuation is also too hard to ignore. As of this writing, shares are trading at a forward price-to-earnings ratio of 17.5. This multiple represents a 22% discount to the overall S&P 500. All this means investing $3,000 in the stock today and holding for the long term is a smart move. Before you buy stock in Alphabet, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Alphabet wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet. The Motley Fool has a disclosure policy. Got $3,000? 1 Artificial Intelligence (AI) Stock to Buy and Hold for the Long Term. was originally published by The Motley Fool

The Trump-Musk feud shows danger of handing the keys of power to one person
The Trump-Musk feud shows danger of handing the keys of power to one person

Yahoo

time2 hours ago

  • Yahoo

The Trump-Musk feud shows danger of handing the keys of power to one person

After a year of effusive praise and expressions of love for each other, Elon Musk and Donald Trump exploded their political partnership in dramatic fashion this week. The highly public split included, among other highlights, the world's richest person accusing the president of the United States of associating with a notorious sex offender. Trump said Musk had 'lost his mind'. As Musk and Trump traded insults, each on his own social network, they also issued threats with tangible consequences. Trump suggested that he could cancel all of Musk's government contracts and subsidies – 'the best way to save money', he posted – a move that would have devastating consequences not only on the tech billionaire's companies but also on the federal agencies that have come to depend on them. Musk responded by announcing that he would begin decommissioning the SpaceX Dragon spacecraft that Nasa relies on for transport missions, although he later reversed the decision. While the ongoing episode had the tenor of sensational reality TV, the fight between Trump and Musk once again exposed the danger of putting key public goods in the hands of private companies controlled by erratic billionaires. It highlighted how something like space travel, once a vaunted and collective national enterprise, can now be almost entirely derailed by the emotional whims of a single person. Musk and Trump's partnership had already fueled months of concern about corruption and calls for investigations into the Tesla CEO's use of his position in government to benefit his companies. The breakup has highlighted another risk of Musk's deep ties with the government, where the services that he provides can now become collateral damage in interpersonal disputes. Tens of billions of dollars hang in the balance of their fight. The messy, public way that the clash has played out also serves as a reminder of how unpredictable their decision-making can be. Musk's vow to sideline SpaceX's spacecraft and his reversal, without which the US would have immediately been prevented from reaching the International Space Station (ISS), appeared, for instance, as an emotional lash-out amid a string of other insults against Trump, and it was nearly impossible to discern whether he was serious. 'In light of the President's statement about cancellation of my government contracts, @SpaceX will begin decommissioning its Dragon spacecraft immediately,' Musk posted without warning on Thursday. 'Good advice. Ok, we won't decommission Dragon,' Musk followed up less than a day later, responding to an anonymous user with about 5,000 followers who said he should 'cool off and take a step back for a couple days'. If Musk and Trump's fight ends up disrupting government services or further turning them into political leverage, it will not have come without warning. Ever since Musk refused in 2023 to let Ukraine use Starlink in Crimea to launch a surprise attack against Russian forces, governments have dealt with the uncomfortable reality of Musk's control over global infrastructure. Musk's claim that he could hobble Ukraine's 'entire front line' by turning off Starlink caused a diplomatic incident earlier this year. Meanwhile, European governments have recently rushed to find alternatives to Starlink amid concerns over Musk's unpredictability. While Musk provoked foreign governments and acted as an unaccountable global power broker, the US has by contrast continued to hand him contracts and increase its dependence on his companies. Space operations in particular have become practically synonymous with Musk. Related: Trump and Musk's very public feud is like Alien v Predator for political nerds Since SpaceX won its first Nasa contract in 2006, the government has awarded about $15bn worth of contracts to the company and has come to depend on it for ferrying astronauts and cargo into space. Nasa has also contracted SpaceX for its planned crewed mission to the moon, as well as a mission to explore one of Saturn's moons. Last year, the agency turned to SpaceX when it needed to rescue two astronauts stuck on the ISS. The government's reliance on Musk's empire also extends beyond Nasa. The Pentagon has extensive contracts with Musk, using SpaceX to launch intelligence satellites. SpaceX was also the frontrunner in the Trump administration's plans to build a 'Golden Dome' missile defense shield, which has become a US national defense priority. Starlink, Musk's satellite communications service, had also made inroads into the government to the point that it was installed this year at the White House. Musk is still accountable to market forces and the investors backing his companies, as was made evident on Thursday after Tesla's shares plunged roughly 14% during his dustup with Trump. Musk has previously stated that he is willing to lose money over his ideology, however, and his immense wealth somewhat insulates him against even large shocks to his companies. When Tesla's shares dropped on Thursday, it wiped about $34bn off his total net worth in a single day – yet he remained the world's richest person by a gap of more than $90bn. The extensive reliance on Musk and the privatization of government services has always drawn criticism from ethics watchdogs and some aerospace and defense industry experts, but it appears especially risky now that Musk has threatened to hold certain services hostage. It has also served as a counterpoint to the project of slashing and privatizing the federal government that Musk spent his tenure with the Trump administration carrying out. Musk has furiously campaigned against bureaucracy, courts and regulators as impediments to getting things done, but these also exist as a bulwark against exactly the kind of unaccountable personal power and erratic whims that both he and Trump put on display during their clash.

Got $3,000? 1 Artificial Intelligence (AI) Stock to Buy and Hold for the Long Term.
Got $3,000? 1 Artificial Intelligence (AI) Stock to Buy and Hold for the Long Term.

Yahoo

time2 hours ago

  • Yahoo

Got $3,000? 1 Artificial Intelligence (AI) Stock to Buy and Hold for the Long Term.

This dominant internet enterprise isn't new to artificial intelligence (AI), as it's been working on this technology for decades. The ability to generate extremely huge profits helps fund sizable investments to build out AI infrastructure. Shares trade at a 22% discount to the S&P 500, a deal that shouldn't be overlooked. 10 stocks we like better than Alphabet › The artificial intelligence (AI) boom is showing no signs of letting up. Executive teams want to leverage this technology, while employees are worried about how it could affect their jobs. And then there are investors that continue to look for ways to profit from this trend. Picking the right business could be a boon for your portfolio. If you have $3,000 ready to invest right now, here's one AI stock to buy and hold for the long term. "We will move from mobile-first to an AI-first world," CEO Sundar Pichai of Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) then-Google division said in the company's 2015 letter to shareholders. This was to outline a fresh strategic focus and outlook of the tech landscape. Looking back with the benefit of hindsight, it's quite remarkable how prescient this perspective was. If we go even further back, Google was using machine learning capabilities in 2001 to help users with their spelling within its popular search engine. While everyone else seems to finally be coming around to the AI craze, Alphabet has been working on this technology for quite some time. This has become more notable recently, with different platforms leveraging AI to better serve users. For example, Search allows users to conduct queries with their cameras, Maps uses AI to provide traffic info, and YouTube can come up with captions for content creators. These are clear examples of AI helping improve the user experience. At its developer conference in May, one notable update that Alphabet announced was Agent Mode. Soon to be released, this tool can handle complex, multistep tasks from start to finish by conducting different activities like surfing the web or doing deep research. Waymo, Alphabet's autonomous vehicle (AV) and robotaxi unit, also leans heavily on AI when completing rides and ensuring a safe trip. It's also used for training and advancing the AV tech. Perhaps no segment has a greater opportunity in AI than Google Cloud. Cloud computing is a major growth market, as more IT spending shifts from on-site to off-premises. This has provided a tailwind. However, now that more companies are realizing that they must incorporate AI within their own operations, it makes Google Cloud even more critical as a vendor. During the first quarter of 2025, 74% of Alphabet's revenue, or $67 billion, came from digital advertising efforts. AI is helping these important customers by building automated ad campaigns in a budget-friendly way, for example. Alphabet is undoubtedly all-in on the AI transition. It's working on this technology to not only improve its existing products and services, but to create entirely new tools for users and customers to benefit from. That strategic focus positions it well for the future. Based on these factors, it's understandable if you're starting to think that Alphabet might be the best AI stock to own. However, there are other reasons to appreciate this business and opportunity. Alphabet is in incredible financial shape. Even after sizable capital expenditures of $53 billion were made in 2024, the company still managed to bring in $73 billion in free cash flow. It generates unbelievable earnings that allow it to keep plowing more money into things like servers and data centers. Critics will say that this is wasteful spending, but it's a risk worth taking to ensure the business stays ahead of the curve. The current valuation is also too hard to ignore. As of this writing, shares are trading at a forward price-to-earnings ratio of 17.5. This multiple represents a 22% discount to the overall S&P 500. All this means investing $3,000 in the stock today and holding for the long term is a smart move. Before you buy stock in Alphabet, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Alphabet wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $669,517!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $868,615!* Now, it's worth noting Stock Advisor's total average return is 792% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet. The Motley Fool has a disclosure policy. Got $3,000? 1 Artificial Intelligence (AI) Stock to Buy and Hold for the Long Term. was originally published by The Motley Fool Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store