{"id":167396,"date":"2025-11-30T10:14:09","date_gmt":"2025-11-30T10:14:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/167396\/"},"modified":"2025-11-30T10:14:09","modified_gmt":"2025-11-30T10:14:09","slug":"googles-surge-shows-how-quickly-ai-narratives-turn-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/167396\/","title":{"rendered":"Google\u2019s surge shows how quickly AI narratives turn \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \"><a href=\"https:\/\/www.irishtimes.com\/tags\/google\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/google\/\">Google<\/a> is winning the <a href=\"https:\/\/www.irishtimes.com\/tags\/artificial-intelligence\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/artificial-intelligence\/\">AI<\/a> race \u2013 isn\u2019t it?<\/p>\n<p class=\"c-paragraph paywall \">Recent headlines \u2013 \u201cWhy Google is winning the AI race\u201d, \u201c5 reasons Google has never looked stronger\u201d, \u201cGoogle is suddenly beating its magnificent seven peers in the AI race\u201d \u2013 suggest as much.<\/p>\n<p class=\"c-paragraph paywall \">So does the share price of Google parent Alphabet: the stock is now up some 70 per cent this year, more than twice as big as Nvidia\u2019s gains. Indeed, Alphabet\u2019s market capitalisation recently came within touching distance of $4 trillion (\u20ac3.45 trillion), not far behind Nvidia and Apple. Google\u2019s reputation has shifted from playing catch-up in AI to the possibility that it\u2019s now setting the pace.<\/p>\n<p class=\"c-paragraph paywall \">How quickly market narratives can change. In July, Nvidia was worth almost twice as much as Alphabet, which at that point sat below Amazon in the rankings and only narrowly ahead of Facebook parent Meta. Just last month, Nvidia was valued at $5 trillion, $2 trillion more than Alphabet. By late November, the gap had shrunk to \u201cjust\u201d $300 billion. Meanwhile, Alphabet\u2019s near doubling over the last six months means it\u2019s now worth more than twice as much as Meta.<\/p>\n<p class=\"c-paragraph paywall \">We see a similar dynamic with Apple. A year ago, it was the most valuable firm in the world and was the heavy favourite to become the world\u2019s first $4 trillion company. The narrative changed abruptly; dismissed as an AI laggard, it was overtaken by Microsoft and then swept aside by Nvidia\u2019s surge.<\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/business\/2025\/11\/28\/no-matter-what-ai-tells-todays-nostalgic-teens-life-in-the-1990s-wasnt-all-better\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">No matter what AI tells today\u2019s nostalgic teens, life in the 1990s wasn\u2019t all betterOpens in new window<\/a>\u00a0]<\/p>\n<p class=\"c-paragraph paywall \">Now the pendulum has swung again, with Apple recently climbing back to the point where it was within reach of Nvidia\u2019s valuation. What looked like timidity and under-investment in AI now reads like capital discipline \u2013 for now anyway.<\/p>\n<p class=\"c-paragraph paywall \">Even with trillion-dollar stocks, stories matter as much as spreadsheets, and stories change all the time. Forecasts about who is \u2018winning\u2019 the AI race tend to age poorly. A little humility is always the safer bet.<\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/business\/financial-services\/2025\/11\/28\/crypto-investors-search-for-direction-in-market-rout\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">Crypto is in freefall, so what has gone wrong?Opens in new window<\/a>\u00a0]<\/p>\n","protected":false},"excerpt":{"rendered":"Google is winning the AI race \u2013 isn\u2019t it? Recent headlines \u2013 \u201cWhy Google is winning the AI&hellip;\n","protected":false},"author":2,"featured_media":167397,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,9712,218,219,1711,61,60,233,80],"class_list":{"0":"post-167396","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-alphabet","10":"tag-artificial-intelligence","11":"tag-artificialintelligence","12":"tag-google","13":"tag-ie","14":"tag-ireland","15":"tag-nvidia","16":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/167396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=167396"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/167396\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/167397"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=167396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=167396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=167396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}