Google's Moonshot Factory Falls Back Down to Earth
by msmash from on (#6MZ9S)
Alphabet's moonshot factory, X, is scaling back its ambitious projects amid concerns over Google's core search business facing competition from AI chatbots like ChatGPT. The lab, once a symbol of Google's commitment to innovation, is now spinning off projects as startups rather than integrating them into Alphabet. The shift reflects a broader trend among tech giants, who are cutting costs and focusing on their core businesses in response to the rapidly evolving AI landscape.
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