Google (GOOGL) Gemini API calls more than doubled to 85bln by August, The Information reports; Gemini enterprise has grown to 8mln subscribers
Newsquawk Staff ·
Google (GOOGL) Gemini API calls more than doubled to 85bln by August, The Information reports; Gemini enterprise has grown to 8mln subscribers.
What it means
The significant growth in Google’s Gemini API calls, doubling to 85 billion by August, suggests strong demand for their services, which is a positive indicator for revenue potential. Additionally, the increase in Gemini's enterprise subscribers to 8 million further supports the notion of robust customer engagement and scalability. This could boost investor sentiment towards GOOGL and potentially lead to an upward revision in earnings expectations.
Sources
- Ambani’s Jio Platforms held talks to license technology to Comcast (CMCSA) and Charter (CHTR) in exchange for shares, according to sources
- Meta (META) launches USD 15bln 5-parter: 5yr, 7yr, 10yr, 20yr, 30yr
- Meta (META) reportedly seeking to raise up to USD 25bln in its debt offering (vs reports yesterday suggesting USD 20bln)
- Meta (META) is looking to raise USD 15bln in USD-denominated bonds, Bloomberg reports
- Meta (META) kicks off a five-part USD bond offering
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