Kenrick Cai

San Francisco

Google and AI Reporter at Reuters

Reporter @Reuters covering Google/Alphabet and AI. Formerly @Forbes. [email protected]. kenrick.01 on Signal (no PR pitches). It makes sense dramaturgically.

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Articles

Meta’s strong ad sales dampen tariff-induced fears

2 weeks ago | wxerfm.com | JASPREET SINGH |Kenrick Cai

By Jaspreet Singh and Kenrick Cai(Reuters) -Meta Platforms rode strong advertising performance to beat analysts’ revenue estimates for the first quarter and match expectations for the next quarter on Wednesday, assuaging concerns from investors over tariff-related economic growth fears. Shares of the company were up nearly 6% in extended trading.
Meta’s strong ad sales dampen tariff-induced fears

2 weeks ago | wimz.com | JASPREET SINGH |Kenrick Cai

By Jaspreet Singh and Kenrick Cai(Reuters) -Meta Platforms rode strong advertising performance to beat analysts’ revenue estimates for the first quarter and match expectations for the next quarter on Wednesday, assuaging concerns from investors over tariff-related economic growth fears. Shares of the company were up nearly 6% in extended trading.
Meta’s strong ad sales dampen tariff-induced fears

2 weeks ago | kfgo.com | JASPREET SINGH |Kenrick Cai

By Jaspreet Singh and Kenrick Cai(Reuters) -Meta Platforms rode strong advertising performance to beat analysts’ revenue estimates for the first quarter and match expectations for the next quarter on Wednesday, assuaging concerns from investors over tariff-related economic growth fears. Shares of the company were up nearly 6% in extended trading.
Meta's strong ad sales dampen tariff-induced fears

2 weeks ago | marketscreener.com | JASPREET SINGH |Kenrick Cai

(Reuters) -Meta Platforms rode strong advertising performance to beat analysts' revenue estimates for the first quarter and match expectations for the next quarter on Wednesday, assuaging investor concerns over tariff-related economic growth fears. The Facebook and Instagram parent also increased planned capital expenditures this year as it speeds up construction of data centers that can support artificial intelligence, which it sees bolstering and transforming its business.
Meta introduces Llama application programming interface to attract AI developers

2 weeks ago | finance.yahoo.com | Kenrick Cai

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Kenrick Cai Tue, Apr 29, 2025, 6:32 PM 2 min read By Kenrick Cai SAN FRANCISCO (Reuters) -Meta Platforms on Tuesday announced an application programming interface in a bid to woo businesses to more easily build AI products using its Llama artificial-intelligence models.
Google says deep AI investments powering ad sales, soothing anxious investors

2 weeks ago | marketscreener.com | Deborah Mary Sophia |Kenrick Cai

(Reuters) -Google parent Alphabet reassured jittery tech investors that its AI investments were powering returns at its crucial ad business on Thursday, downplaying any impact from global economic uncertainty, for now. The search giant's first-quarter profit and revenue beat expectations, and the company said it would buy back $70 billion in stock, pushing its shares up 4% after market and adding $75 billion to its market value.
Alphabet shares jump as Google unveils $70bn buyback

2 weeks ago | businesslive.co.za | Deborah Mary Sophia |Kenrick Cai

Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers. Sundar Pichai, CEO of Google and Alphabet. Picture: REUTERS/GONZALO FUENTES Bengaluru/San Francisco — Google parent Alphabet said on Thursday it would buy back $70bn worth of shares as it reported first-quarter profit above Wall Street expectations on Thursday.
Explainer: What does the US ruling on Google's illegal ad tech monopoly mean?

3 weeks ago | radionz.co.nz | Kenrick Cai |Peter Henderson

By Kenrick Cai and Peter Henderson, ReutersA US judge's ruling that Google has illegal monopolies in ad technology sets up the possibility of US prosecutors seeking a breakup. Here's what the case involves and what Google owner Alphabet faces from here. The most important thing is what this is not about: this is not about search, Google's bread and butter, although there is a separate antitrust case about search.
Alphabet reaffirms $75 billion spending plan in 2025 despite tariff turmoil

1 month ago | arizonadigitalfreepress.com | Kenrick Cai

Alphabet said on Wednesday it was still committed to spending some $75 billion this year to build out data center capacity despite turmoil over U.S. tariffs and sought to reassure investors that its AI plans were yielding good returns. Investors are fretting about the massive capital costs of AI projects, especially as uncertainty surrounding U.S. President Donald Trump‘s tariffs roil markets and cloud the economic outlook.
アルファベットとエヌビディア、新興ＡＩ企業ＳＳＩに出資＝関係者

1 month ago | jp.reuters.com | Kenrick Cai |Krystal Hu

米アルファベットと半導体大手エヌビディアは、複数のベンチャーキャピタル投資家とともに、ＡＩの新興企業セーフ・スーパーインテリジェンス（ＳＳＩ）への出資に動いている。写真はグーグルのロゴマーク。２０２４年４月に撮影（２０２５年ロイター／Annegret Hilse） [サンフランシスコ１１日ロイター] - グーグル親会社の米アルファベット(GOOGL.O), opens new tabと半導体大手エヌビディア(NVDA.O), opens new tabは、複数のベンチャーキャピタル投資家とともに、人工知能（ＡＩ）の新興企業セーフ・スーパーインテリジェンス（ＳＳＩ）への出資に動いている。事情に詳しい複数の関係者が明らかにした。ＳＳＩは対話型生成ＡＩ「チャットＧＰＴ」を手がけるオープンＡＩの科学責任者だったイリヤ・サツキバー氏が共同創業者で、設立から数カ月でＡＩ研究開発分野では最も企業価値の高い新興企業の１つとして台頭してきた。ＡＩの発展において次の「大波」に関するサツキバー氏の予想実績がその理由だ。...