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Mays Business School offers new Masters of Science program in Sports Business Analytics
On Oct. 7, Mays Business School launched a new Masters of Science in Sports Business Analytics, which will be the first sports-centered program at the school. In this new program, students will learn how to connect analytics to the business of sports organizations, and it will contain an industry-related curriculum that includes quantitative analysis, data...
Before We Abolish Business Schools, Let's Look Beyond The West
Can the case for abolishing business schools travel? India’s experience suggests the answer depends on context, writes Vikas Kumar.
OHIO researchers Faiz Rahman, Savas Kaya receive $550,000 NSF award for next-generation nanolithography
Nanoscale and Quantum Phenomena Institute (NQPI) members Dr. Faiz Rahman and Dr. Savas Kaya recently received a new U.S. National Science Foundation award for their research.
‘LaPolitics’ Q&A: Scrutinizing the costs of powering Meta
LaPolitics: The Louisiana Public Service Commission recently voted down its administrative law judge’s order that would have required Meta to disclose how it calculated job projections and electricity needs for its Richland Parish data center project. Is the PSC overruling an ALJ unusual? Logan Burke, executive director with the Alliance for Affordable Energy: The commission […]
Physicists create a bizarre new quantum state called a fractional fermi sea
Physicists have discovered a strange new state of quantum matter in which ultracold atoms defy familiar organizational rules, forming a highly excited yet surprisingly orderly configuration called a "fractional Fermi sea." The discovery challenges established quantum theories and hints at exotic quasiparticles that scientists have dubbed potential "super-Fermions."
Quantum Meet Quantum: Hybrid Quantum Computer Lets Scientists Peak in on Foundational Quantum Effect
Oxford physicists used a hybrid quantum computer combining qubits and quantum oscillators to observe the Aharonov–Bohm effect.
Resident Evil: Requiem made more money on PlayStation discs than on Xbox in total, reportedly, as Sony's march to a discless future continues
Single-player blockbuster PlayStation games still sell in notable quantities on disc, statistics show. In Japan, the desire for physical is even higher.
'They cannot compete with the prices that fish factories will pay': How demand for fish meal takes priority over feeding people
In this excerpt from "Every Last Fish," author Rose George examines the deep-rooted problems of the regulations surrounding fish meal — a product that's supposed to come from the discarded scraps of dead fish, but in reality removes huge quantities of food from people in West Africa who need it.
Six years of SQMS: asking what limits quantum systems and building the answers
The founding director provides perspective on the first six years of a DOE National Quantum Information Science Research Center — the Superconducting Quantum Materials and Systems Center, led by Fermi National Accelerator Laboratory.
QuEra Scientists Named Co-Principal Investigators on Three of Nine Teams in Department of Energy's Quantum Chemistry Program, Now Underway
/PRNewswire/ -- QuEra Computing, the leader in quantum computing, today announced that its scientists will work with three of the nine teams selected for the...
He Wants AI Benchmarking To Be a Science, Not a Dark Art
Moritz Hardt, author of a new book on benchmarks, believes these “standardized tests” for artificial intelligence are fundamentally broken — but not unfixable.
Department of War Announces $350 Million in Quantum Computing Initiati
The Office of the Undersecretary of War for Research and Engineering announced new initiatives and programmatic updates totaling approximately $350 million to strengthen U.S. leadership in quantum
A quantum computing feat brings the ‘megaquops’ era a step closer
Error correction creates qubits that glitch only 5 out of a million times, the first step toward a new phase for quantum computing.
Fermilab to lead two new Genesis Mission awards to accelerate development of microelectronics and quantum
Two new awards will expand Fermilab’s critical role in the Genesis Mission by developing custom microelectronics and advancing quantum information science.
Is International Business Machines (IBM) A Bargain Or Fully Priced?
International Business Machines has delivered a strong multi year share price run. With the stock recently at US$232.14 and cash flows in focus, the live question is whether that price still lines up with what the business can earn and return over time. Over the past 5 years the share price has gained 130.1%, which puts a lot of weight on the idea that IBM’s future cash flows can justify a much higher valuation than in the past. Fresh commitments in areas such as quantum computing and...
Indiana University Kelley School’s Brian Williams named ‘Professor of the Year’ by national business education publication Poets&Quants
Brian Williams, an innovator in AI education, chair of the Virtual Advanced Business Technologies Department and the Sam Frumer Professor at the Indiana University Kelley School of Business, has been named “Professor of the Year" by Poets&Quants, a leading news organization focused on business education worldwide.
KQC Quantum and Charlton Aria Agree on Nasdaq Business Combination
KQC Quantum and Charlton Aria have agreed to a proposed business combination that would take KQC public on Nasdaq under the ticker KQC.
Virginia’s Fairfax County Public Schools builds bridges to quantum computing
The district is installing a quantum computer at one high school that will be usable in early 2027 and has built local partnerships on curriculum.
A tiny defect in a crystal reveals a big quantum surprise
Researchers have solved a long-standing challenge in understanding how tiny defects in materials like diamond and silicon carbide behave when exposed to light. Their new computational method revealed a surprisingly important energy-loss mechanism in silicon carbide that scientists had previously underestimated. The finding helps explain a mystery that has puzzled researchers for years and could improve the design of quantum computers and sensors.
Setting The Pace: Poets&Quants Names HEC Paris Our 2026 Business School Of The Year
A European school is topping the rankings, and its dean insists that's the least interesting thing about it.
From Mumbai To Singapore To Australia: How An International Business Education Shaped My Career Journey
An SP Jain alum traces how marketing studies and constant relocation led to employment services – and now teaching.
Mays Business School offers new Masters of Science program in Sports Business Analytics
On Oct. 7, Mays Business School launched a new Masters of Science in Sports Business Analytics, which will be the first sports-centered program at the school. In this new program, students will learn how to connect analytics to the business of sports organizations, and it will contain an industry-related curriculum that includes quantitative analysis, data...
Is International Business Machines (IBM) Stock Worth More Than Its Cash Flow Suggests?
International Business Machines has almost doubled shareholders' money over the past 5 years, yet after a sharp setback this year and fresh headlines around quantum computing and AI, the key issue for you is whether the current share price lines up with the cash the business is expected to generate. With IBM stock now around US$227 a share, the gap between the recent price path and its cash flow story matters more than ever. IBM has delivered a 99.1% total return over 5 years, which puts...
A quantum highway just one atom high could transform superconductors
Scientists discovered that atomic steps just one atom high can guide quantum vortices through superconductors, making them move more than 1,000 times more easily in one direction than another. This remarkable control over quantum motion could lead to a new generation of ultra-efficient superconducting electronics.
Governor Gianforte Highlights Montana Quantum, Photonics Partnerships at Indian Institute of Science
BENGALURU, India – Continuing Montana’s trade mission to India, Governor Greg Gianforte today visited the Indian Institute of Science (IISc) in Bengaluru to strengthen ties between higher education, Montana’s quantum and photonics ecosystem, and India’s research community.
Favorite Traditions & Events At Top Business Schools
From competitions to comedy shows, here are dozens of the most beloved traditions at the top business schools.
Scientists Dismissed a Theory of Consciousness for 40 Years. New Evidence Suggests They Spoke Too Soon.
The quantum theory of consciousness long seemed like a radical idea, but growing evidence is making some neuroscientists take a second look.
Suspended glass bead entangled with light: Maybe a quantum memory?
Getting a glass bead to act like a quantum object by entangling it with light.
Physicists froze a 'necklace' of atoms — and witnessed a quantum phenomenon predicted 100 years ago
Atoms confined to a single line can bind into clusters called Bethe strings. A new experiment points to a mix of many such clusters, though the evidence is still indirect.
Best of Both Worlds: 'Hybrid' Quantum Computers Could Be Just Around The Corner, Researchers Say
We are so ready for this.
For The First Time Ever, Quantum Spins Shift a Centimeter-Scale Object
This is (relatively) huge.
Executives from finance, healthcare and energy will explore where quantum could help businesses.
Only approved guests may attend; roundtables will cover combining quantum and AI, security readiness and adoption policies at the Nov. 3 London forum.
Infleqtion Convenes Business Leaders in London to Chart Quantum Commercial Value
OXFORD, England, October 19, 2026--Infleqtion (NYSE: INFQ), a global leader in quantum computing and quantum sensing powered by neutral atom technology, will host the first Quantum Application Forum, an exclusive one-day event convening senior business and technology leaders on 3 November 2026 at IET Savoy Place in London. Executives responsible for technology, innovation and investment decisions will explore how quantum technology can address critical challenges, unlock commercial value and dri
NVIDIA Commits $1 Billion to U.S. Science and Quantum Computing
NVIDIA announces a $1 billion five-year commitment to U.S. scientific research, including quantum computing, energy and healthcare.
Nvidia commits $1 billion to U.S. science and quantum computing
The chipmaker announced the commitments Thursday at a Washington event tied to the Trump administration's Genesis Mission program
After 40 Years, Physicists Finally Observe The 'Energy Ladder' at Quantum Tipping Points
"To see those predictions borne out is a beautiful thing."
The Politics of Sustainability Have Changed. The Business Case Hasn’t.
Corporate sustainability may have fallen out of favor in some executive and political circles, but the business case remains strong: Companies continue to invest because sustainability initiatives can deliver measurable gains in profitability, resilience, and growth. Drawing on research from NYU Stern’s Center for Sustainable Business and other recent studies, the article shows how four areas in particular—circularity, decarbonization, sustainable sourcing, and employee well-being—can lower costs, reduce risk, strengthen supply chains, improve productivity, and create new revenue opportunities. Examples from industries including automotive, healthcare, apparel, energy, consumer goods, and manufacturing illustrate how companies are capturing value through resource reuse, energy efficiency, resilient sourcing strategies, and investments in frontline workers. While the language of ESG may be losing momentum, the underlying business fundamentals have not changed: organizations that systematically address material environmental and social challenges, quantify the financial impact of their efforts, and embed sustainability into core decision-making are better positioned to improve operational performance and create long-term enterprise value.
What Kills Schrödinger’s Cat? Scientists Just Ruled Out a 60-Year-Old Theory
Gravity has been proposed as a reason quantum superpositions become difficult to observe in everyday objects. A new experiment challenges one longstanding model of this process. A detector buried deep beneath an Italian mountain has challenged a decades-old theory about why quantum behavior disappears from the world we experience. After 62 days of measurements, researchers
Sphere Entertainment jumps as investors appear to bet on a short-covering rebound
Sphere Entertainment Co. (SPHR) is up 9.4% today. Here is some analysis on what might have caused this price movement.Analysis: There does not appear to be a single fresh company announcement driving Tuesday’s move, so the rally looks most likely tied to short covering and bargain hunting after a steep pullback earlier this month. Investors may also be revisiting Sphere’s underlying growth story, including strong performance from its Las Vegas ve
From Nanochemistry to Smart Roads: The Multi-Scale Science Transforming Sustainable Pavements
A new Frontiers in Materials editorial maps how functional additives, multi-scale analysis, and machine learning are turning road construction into a quantifiably sustainable, data-driven discipline.
Zapata Quantum Adds Peter Shor and Three Scientists to Advisory Board
Zapata Quantum has appointed Peter Shor and three researchers to its advisory board, adding expertise in quantum algorithms, error correction
Head of the class: URI quantum physics students work as teaching assistants for Brookhaven National Laboratory
KINGSTON, R.I. – Oct. 20, 2026 – As a sophomore at the University of Rhode Island three years ago, Morgan Beck ’26 began diving deep into the world of quantum physics, wanting to learn more about the branch of science that studies matter and energy at the most fundamental level. At that time, Beck—a 2025 […]
Scientists Discover a Strange New Quantum State Where Two Materials Meet
Researchers have directly observed an unusual quantum state emerging at the boundary between an atomically thin material and a metal. Scientists have directly observed an unusual quantum state forming where a material just one atom thick meets a metal. The discovery, made by a research team led by the University of Osaka, demonstrates how interactions
FSU physicists receive funding through Department of Energy's $7.3M Quantum Technology Outposts research initiative
Three Florida State University theoretical physicists are part of a major national initiative exploring how quantum computing could help answer
Software advance brings complex quantum simulations to standard computers
A major software advance could aid the creation of bigger, more reliable quantum computers, a study suggests. Researchers have developed an algorithm that enables off-the-shelf computers to run quantum ...
Supporting quantitative skills in biomedical science with smart worksheets: intentions, impact and barriers to engagement
Every year, hundreds of thousands of students arrive at university with one shared weakness: the maths hiding inside their science. In biomedical science, where pipetting volumes, dilution factors, calibration curves and statistical spread underpin nearly every practical
MBA Research Ranking: The Most Influential Business Schools
The Financial Times assesses MBA programs in academic research when it comes to reaching and influencing policy makers and practitioners.
Accel Entertainment Announces Third Quarter 2026 Earnings Conference Call and Webcast
Accel Entertainment will announce third-quarter financial results on November 3, 2026, followed by a conference call and webcast.Quiver AI SummaryAccel Entertainment, Inc. announced that it will release its financial and operating results for the third quarter ending September 30, 2026, on November 3, 2026, after market close. The Company will hold a conference call and webcast at 4:30 PM ET to discuss the results, featuring CEO Mark Phelan and o
Scientists who discovered a third form of magnetism win major physics prize
Physicists have uncovered a hidden third form of magnetism that challenges more than 100 years of established physics. Called altermagnetism, the discovery could transform future computing and electronics while opening an entirely new frontier in quantum research.
Advance Could Lead to Bigger, More Reliable Quantum Computers, University of Edinburgh Scientists Say
Researchers developed an algorithm that allows standard computers to simulate photonic quantum devices.
AI use lifts participation in WorldQuant contest
Hedge fund WorldQuant said on Wednesday registrations for this year's flagship global quant research contest have almost doubled from a year earlier, as increased adoption of AI has helped more university students build trading models.
Trump’s $6 Billion Science Plan Targets AI, Moon and Mars
Trump unveils over $6 billion in science initiatives supporting AI, quantum computing, nuclear-powered Moon and Mars projects, and biomedical research.
The Politics of Sustainability Have Changed. The Business Case Hasn’t.
Corporate sustainability may have fallen out of favor in some executive and political circles, but the business case remains strong: Companies continue to invest because sustainability initiatives can deliver measurable gains in profitability, resilience, and growth. Drawing on research from NYU Stern’s Center for Sustainable Business and other recent studies, the article shows how four areas in particular—circularity, decarbonization, sustainable sourcing, and employee well-being—can lower costs, reduce risk, strengthen supply chains, improve productivity, and create new revenue opportunities. Examples from industries including automotive, healthcare, apparel, energy, consumer goods, and manufacturing illustrate how companies are capturing value through resource reuse, energy efficiency, resilient sourcing strategies, and investments in frontline workers. While the language of ESG may be losing momentum, the underlying business fundamentals have not changed: organizations that systematically address material environmental and social challenges, quantify the financial impact of their efforts, and embed sustainability into core decision-making are better positioned to improve operational performance and create long-term enterprise value.
Quantum Design Oxford Announces Winner of the 2026 Nicholas Kurti Science Prize
Quantum Design Oxford has awarded Chunyu Guo the 2026 Nicholas Kurti Science Prize, which includes €15,000 and support to attend a physics conference.
City of Brownsville Launches Water Security Website
The City of Brownsville has launched www.brownsvilletxwatersecurity.com, giving residents one place to learn about Project Quantum, find answers to common questions and follow developments related to the community’s water future.
Scientists Dismissed a Theory of Consciousness for 40 Years. New Evidence Suggests They Spoke Too Soon.
The quantum theory of consciousness long seemed like a radical idea, but growing evidence is making some neuroscientists take a second look.
Sundar Pichai: Google’s Frontier Imperative, Compute Scarcity Dilemmas, Future AI Products and Businesses
Alphabet CEO Sundar Pichai has little patience for doubts about Google’s willingness or capacity to compete at the frontier of AI. His company’s latest Gemini 4 Argon model — long-promised and recently delivered — beats OpenAI and Anthropic’s latest public models on coding, math, science, and knowledge-work benchmarks and has placed Google’s AI back among the world’s best. Amid chatter that Google was fine with good-enough lightweight ‘Flash’ models, Pichai pushed back hard against any suggestion that company is limiting its research ambitions. “We won’t do it any other way,” he told me in a Big Technology Podcast interview recorded this week at Google’s Mountain View headquarters. Pursuing cutting-edge research is costly for Google, requiring compute and chips that otherwise could be sold at a high markup by its cloud business. But Pichai said allocating resources to frontier AI development is “ground zero” for Google. “Our cloud business is at any given moment in time forgoing short-term revenues because we are making compute trade-offs to support frontier AI development,” Pichai told me. In our conversation, we discussed Argon (which Pichai says processed three times as many tokens as Gemini 3 in the 72 hours after launch), AI’s role in developing better models, the AI interface of the future, competition with OpenAI, Google’s partnerships with Anthropic and Apple, data centers in space, and the nature of his optimism. You can read the full conversation, lightly edited for length and clarity, below, or listen to it on Apple Podcasts, Spotify, YouTube, or your podcast app of choice. Alex Kantrowitz: Google is back at the frontier with Gemini 4 Argon, which beats OpenAI’s and Anthropic’s public models on benchmarks spanning coding, math, science, and knowledge work. The conventional wisdom was that Google had given up on the frontier to focus on fast, good-enough models for its products. That was wrong? Sundar Pichai: Very wrong. Look, we are so committed to being at the frontier. It’s in our DNA. We won’t do it any other way. We’ve been thinking about the AI frontier for well over a decade now. The frontier is very dynamic. It’s very competitive. It’s very exciting. I couldn’t be more pleased with how Argon has come together. We took our time with it. We made sure we tested it safely and deployed it carefully. We took a bit longer than our other models, given its capabilities. Across the board, be it for agentic work, knowledge work, coding, creative tasks, Argon is one of the really good frontier models. The first 72 hours since we launched, it’s almost up to 25 trillion tokens used, which is about three times what Gemini 3.0 had in the first 72 hours. And we are capacity constrained as we are serving it. Excited, but there are always areas….. You know, the frontier is very dynamic, and you have to keep evolving the models. There are areas which we can see we need to improve as well. We’ll be at work on all of that as well. Which areas? On any given model, Argon would be across the board better at everything if you just look even two months back. But the space is so evolving. Even on coding, for example, there are pockets where we know we need to do better, and there’s clear feedback. We’ll make it better. The argument for standard models is that they’re already good enough to build great products, with the frontier valuable only for certain tasks. Meta built Muse with good models rather than the best, and Google could put standard models into Maps, Gmail, and Search. Why isn’t that sufficient? It’s definitely not how I have thought about it at all. We are deeply committed to driving the state of the art and actually pushing where this technology can go, all the way from transformers. That’s a journey we’ve been on. You will see us continue to do that. When you’re at the frontier, you get an earlier look into the emerging capabilities, earlier than others, which helps you better prepare for the future. We are fortunate to have a wide set of opportunities across consumer and enterprise. Some of our cloud customers, for sure, want the model at the frontier. The frontier models will be better at developing the next set of models in an era of recursive self-improvement. I would argue it matters there. Internally, we have definitely seen a steep point of inflection by deploying Argon to our developers. It definitely tackles problems which our previous models could not do. Being at the frontier puts you at the innovation frontier and helps you drive that as well. There is room for models of all sizes and capabilities. That’s why we did Flash, Flash-Lite, etc. I agree with you that you can develop very good product experiences with not necessarily the most frontier model, because they tend to be slower and more expensive too. But we care about the Pareto frontier, and we’re committed to doing all of that. You said developing frontier models gives you a look at what’s coming. What do you see on the horizon? What makes this moment so exciting is you build something which you think is a culmination of months of work, and you put it out. You already see clear headroom ahead. We’ve all been working on these agentic, long-horizon capabilities, but clearly the frontier is going to have multiple of these agents working together to do things. That’s an example of an exciting paradigm underway. It’s also clear to me that users, both in consumer and enterprise, will have access to some multi-agent framework for them, working all the time doing things. It feels like a moment of infinite possibilities. Sergey Brin said one of Argon’s core innovations was relying more on the model to help develop the model. Yet incidents involving OpenAI’s bots breaking containment and Google’s bots accessing a site they shouldn’t have suggest these systems still aren’t perfectly aligned. Isn’t there reasonable cause for concern about accelerating toward recursive self-improvement? There are three parts to your question. Let’s first talk about RSI itself. You’re right, Sergey mentioned RSI being a critical contributor as we are developing Argon. But to be very clear, today, in a continuum, we are pretty far from the end state of RSI or something like that. The right way to describe it is you have RSI loops along with AI researchers in various aspects of model development. You almost have agents helping AI researchers in some automated way work together to build these models. It’s good to at least understand where we are today, and it’s super exciting. I expect that continuum to keep making progress as we go into next year. The second question is around safety. Security comes from defense in depth. You’re talking about alignment, obviously. We all are doing a lot of work to make sure the models are as aligned as possible. But it’s an active area of research, and there are clear gaps. That’s not the only thing we rely on. You have the work you do on alignment, but beyond that, we put a lot of effort into real-time monitoring as these models are working. Making sure you have good telemetry into what’s happening so that you can intervene in real time if you see unexpected behaviors. How you do that, the architecture with which you do that, how you make sure it’s all sandboxed and isolated in a way that it can continue doing its job during real-time monitoring — these are all areas of investment. Obviously, when we deploy these models, giving customers, enterprises, control, both with real-time monitoring, but their ability to decide where they deploy, what type of data which models ever have access to, etc. All that work is very, very important, and we are doing a lot of that. As an industry, we need to constantly up our game and take the time to do all this stuff, including dedicating the compute required to make sure you can safely deploy these models. The third part is: Is it all enough? This is why there are a lot of conversations in the industry, and I think it’s reasonable to be worried. The right way to approach something you worry about is early on thinking about what more we can do. As an industry, you’re definitely seeing increased levels of work on alignment, testing for safety, etc., as we deploy these models. The next step would be developing better standards so there are cross-industry standards of how we do these things, including the ability to evaluate using independent evaluators. If you look at areas like financial controls, we have accounting standards, we have independent auditors. Those are all the next natural steps for us as an industry to work toward, and regulation will end up playing a role as we go through all of that as well. Google pursues both language models and world models, while some other AI companies like OpenAI have focused more heavily on LLMs as the path to AGI. Why is world-model research important to you? As humans, you obviously perceive the world around you, and you’re taking all those inputs. Making sure these models are able to understand the laws of physics, simulate the world in high fidelity. All that, I think, are key enabling blocks for intelligence. We are working across all possible applications of this. Take an area like robotics. It’s not an accident: If you look at embodied reasoning benchmarks, Argon is state of the art. That all comes from our experience building world models. Inherently, I would expect there will be architectures which will converge all of this in the future. But for us, we view this as, today, this jagged frontier that is intelligence. We want to be at the frontier of all the possible approaches, and that will help us both drive better research, better insights, and develop a much better AGI model, is how we think about it. Some people argue Google should focus on selling its computing resources rather than using them for AI research. Cloud wants to sell compute at a high markup, while researchers need a very big computer to build the best models. How do you balance those demands? Ground zero for us is making sure we are investing in the compute that’s needed to be at the AI frontier. In 2015, I set the company to be AI-first. AI is that key horizontal ingredient across everything we do, all the way from Search to Cloud to Waymo. That is ground zero for us, making sure both for research and developing the models that we have enough compute needed. Beyond that, we have these independent businesses which each have their own long-range plans. They’re using those long-range plans to project forward, and we plan for compute for all of them. The cloud team, they have a business and they have a projection and they have demand signals. They have committed contracts. With that help, we can plan on a long-term compute trajectory for them. We’re fortunate to have this wide set of opportunities. There’s no company in the world which isn’t making trade-offs at any given moment in time. But the first principles we operate on is making sure we have enough compute to invest in the frontier, and that’s non-negotiable, and everything else works on top. Remember, we are building our own compute, our own data centers. There are long lead times. The compute we have today is a function of decisions I made in 2024. Even if you think back to a year from today, last year the agentic coding takeoff hadn’t happened. Today, obviously, when you sit and look at anything, everyone is short—not just us, other companies—and everyone wishes you had two times what you had planned for. That comes with the territory. At any given moment in time, we are planning for what we would need two to three years out in the future. You’re going to find some decisions you make may look suboptimal two years out, depending on where the state of the art is. I don’t spend too much time thinking about it. The way I think about compute allocation is making sure Google DeepMind, both for research and frontier model development, is cutting edge in terms of compute access. After that, we plan for all our businesses. It’s great we can provide our compute to other people too, like we have done. It allows us to scale that up, get real tests for it in the widest application set possible, test it in the real world, and make sure we are at the cutting edge of technology at every layer of our AI stack as well. Ben Horowitz relayed on a podcast that Andy Jassy had said compute was sold out until 2028. Are you seeing the same thing? If today a customer is coming out and asking us for compute in ’27, that is incredibly difficult to do. Even last year we went out and leased some short-term compute to accommodate some customers and help them out. But yes, we are all dealing with similar timelines. Every major technology shift seems to involve overbuilding, from railroads to fiber. Do you think that’s happening here? It depends on the time frames you’re looking at. This level of build, if I take a long enough time frame, it makes complete sense to me. We are at early stages of the most consequential technology ever, and this is not like fiber. It’s not dark. We are using it. We are capacity constrained on a daily basis. The applications, the underlying technology is improving rapidly. But running a company, the way I work through the moment is you look at your demand signals. You look at your committed revenue opportunities that you’re getting in the form of contracts. You balance that with the underlying technical capability, or internally you balance how we are using it internally, the model trajectories. Based on all that, you take a disciplined approach—a confident, aggressive, but disciplined approach—to plan out compute. But when you talk about the broader economy as a whole, you’re having people operate with various levels of risk. I focus on what I can control as a company and plan through it. If your question is, can there be an overbuild? Yes, because you can have some constrained components. Remember, what matters is a set of everything you need to build out that compute. Memory, electricity, electricians…. Land. Like 2,000 components or more. You could get constrained at some point. There could be things which cause bottlenecks, and then you could have overbuilds. There could be external shocks to the economy. There are macro risks. All that is possible at any given time. But am I confident that the compute we are planning for, we will have uses for it given enough time? Absolutely, yes. I was in the room when you said AI would be as profound as fire and electricity. If you believe that, shouldn’t you give researchers the biggest possible computer, even at the expense of today’s cloud profits? We’re all doing some form of that. Our cloud business is at any given moment in time forgoing short-term revenues because we are making compute trade-offs to support frontier AI development. What you’re seeing is true already. But you want to be thoughtful. Even our AI researchers have some constraints, which are also good. That’s what inspires creativity. That’s what helps you come up with a more efficient algorithmic breakthrough, maybe to use less memory. What we are committed to is to invest what’s needed to stay at the frontier. OpenAI President Greg Brockman told me a few months ago that the ideal AI product might have no interface at all—just as natural as conversation. What do you think the interface looks like in the age of AI? Computing historically has been humans adapting to computing. With AI, it’ll be the other way around. The technology will adapt seamlessly to how humans live and go about their day-to-day life. You want to be able to speak to that AI when you want to. It has context. It can be persistently running somewhere, give you continuity. You’re not dealing with a lot of complexity. It’s natural. All that makes sense to me. That doesn’t mean it won’t have any interface, however. Nowadays, even on my phone, Gemini voice models are so good. I can just press the microphone button. I can just ramble. That’s why we call it Rambler. I can ramble. It intelligently corrects with my personal context. Even my friends’ names, weird names, it gets it right, even if it first guesses it wrong. It’s amazing. I’m not going in, backspacing, editing once I finish saying it. It’s remarkable how good it’s gotten. But there are going to be moments you will need an interface. You may want to entertain yourself. You may want to watch a video. You may ask your AI to create something, and you want to watch it, consume it. The way I think about it is, you want it to be as seamless and as natural as possible, and that you are not doing the hard work adapting to whatever the interface is. The technology is adapting to how you’re working at any given moment in time. When I asked Sam Altman about competition from Google, he argued that OpenAI was building AI-native products and implied Google was bolting AI onto existing ones. Do you accept that framing, and can a “bolt-on” compete with an AI-native product? First of all, it’s a very dynamic moment. We are all pushing each other. OpenAI has pushed us as a company too. This is not just we are doing something to them. Far from it. Yes, Google went into its own version of a code red too. In the AI moment, all of us have to respond with varying levels of urgency at any given moment in time. We are constantly building new products as well. Gemini was built from the ground up as a product—the Gemini app I’m talking about. Or tomorrow, as all of us are adapting to agents, are you bolting agents onto ChatGPT, or are they building it natively? How would you think about that? You can always put these questions back. I don’t think of it that way. I think of it as you want to build world-class product experiences that are AI-native and they are winning. Some of it is adapting products, some of it is rethinking new experiences. They will all be part of how you approach this moment. How do you expect to make money from these AI interfaces? If an agent recommends a product and I buy it, should it take a cut of the sale, even if that’s disclosed? I’m going to put enterprise aside. Consumers are going to increasingly value this technology. Take software developers today. Developers are willing to pay for these coding models because it really helps make them more productive. Nobody would want to code the way they were coding three years ago, or even the same time last year. When you’re delivering value, there’s value to be had. I’ve never seen examples where consumer products really scale to billions of users, where people are using it intensely, and haven’t had monetization to go along with it. If you’re providing value to people, there is inherent value to be had. The nature of it may change. You’re asking a scenario in which agents are doing stuff for you. At the end of the day, you will have commercial needs. The agents need to fulfill those commercial needs. The providers on the other side are going to see value in that. There’s going to be some mechanism by which it gets fleshed out. That’s what an efficient system does. But what matters is that you’re building those world-class consumer experiences. I promised myself one product feature request: Can you make Gemini-powered search in Gmail as good as searching Gmail through ChatGPT? What’s going on here? One of the exciting things we announced recently is the unified Gemini agent for enterprise, and we’re bringing that to consumers. These are persistent agents which run 24/7 in the cloud. We’re spinning up a micro VM effectively for every query, and from the runtime, the harness, the model—it’s all a headless service. It’ll work everywhere, and it has your context with you. You can address this agent whether you’re in Workspace, in Search, in Gemini. Agents are going to drive this unification from a customer experience, which people are looking for. When you have a broad product portfolio and you’re moving forward fast, there are always areas where you’re moving forward faster than some other areas. That’s valid feedback. But we are putting a lot of time and effort into making sure, as we build out our agentic experience, that unification and that capability works well across all these services. People have asked where Google’s equivalent of Muse or Dots is. Do you anticipate creating a new product to compete with them? Our goal with Gemini is to be a personal, proactive, and powerful assistant. That’s what we are working toward. You saw us describe the early versions of it at Google I/O this year with Spark. Effectively, already, if you open the Gemini app as a Pro or an Ultra user, you see Chat and Task, and they start giving you that agentic experience. With Argon now, that capability is dramatically accelerated. What we announced recently in our enterprise event, we are bringing that to consumers as well. Soon in Gemini, you will be able to ask something, and it’s a continuum. You don’t need to think about whether you’re asking a chat or an agentic task. It’ll just automatically do the right thing, and it can work persistently in the background securely and get things done for you. Already, empirically, when I look at what’s coming into Gemini in our app, last year you would have tagged them and most of them would have been chats. But a steadily growing percentage is already agentic tasks in Gemini. Yes, we are going to bring personal agents to our consumers. It’ll work in the Gemini app. It’ll work in Google Search. It’ll work in Gmail. You can address it, call it, etc. We want to make sure we’re getting it right. It’ll be powered by Argon, and we are very excited to bring it to our users. Google has invested and committed tens of billions of dollars to Anthropic. What do you see in Dario Amodei that makes you want such a deep investment and partnership? Very early on, when we looked at the founding team of Anthropic, it was very clear to us this was a world-class team which was involved in some of the earliest GPT models. We were quickly able to assess that they would be at the frontier. We’ve always tried to identify and partner with companies which would be at the cutting edge of technology. We’ve done that with SpaceX. We’ve done that with Anthropic. That’s what we saw, and we had a chance to partner. Is your partnership with Apple to license Gemini for Siri expanding, contracting, or standing still? For both us and Apple, that partnership was about translating the capabilities of AI into better experiences for users. I thought Apple has done a phenomenal job of incorporating—they customize these models and build it into Siri—and it’s been great to see the reception. We are committed to doing more. You’re going to do more with them? There’s nothing specific to comment, but it’s a partnership. It’s working well. What have you learned so far about the feasibility of data centers in space? It’s a very exciting project. Projects like this remind me—I still recall that moment in the desert for the DARPA Grand Challenge, watching the Stanley car compete in it, which ended up being the basis for Waymo. With all these technologies, you’re at a moment in time where it looks a bit like sci-fi, but 10 to 20 years down the line, it’s actually working in a meaningful way. I feel the same in space. We’ve always believed in betting big on these technologies. Quantum has been a great example of it. We’re probably 10 years into the journey. Waymo, we are almost 20 years into the journey. Space, we are two to three years into the journey. It’s clear to me that it’s an approach which will make a lot of sense in the future. Being in sub-synchronous orbits with 24/7 access to the most abundant form of energy we have access to will make a lot of sense for this exponential increase in compute that we are going to need. Having said that, this is a challenging project. The team has disciplined milestones. It was a super exciting milestone to send the TPUs up to space. Sometime, as we are speaking, we are expecting a “hello world” moment from them. I look forward to seeing that happen, and we’ll continue investing here too. You previously said 25% of the code written within Google was written by AI. What’s the number today? That number in our world today is meaningless in the sense that every part of what we now touch is influenced by AI deeply. What we are tracking with Argon, for example, it’s been a point of inflection. People are using Argon to really go tackle complex projects, including projects which affect millions of lines of code. In the four weeks since we have launched Argon, we have seen a 30% increase in CLs, and more importantly, almost a similar increase—a one-third decrease in rollbacks. People are writing code more productively and better code with it. We are tracking it with newer metrics now. How are you dealing with opposition to data centers? If you can’t build in the U.S. the way you want to, where else do you go? We’re very committed to building our data centers very responsibly. When I look at our largest data centers in some of the communities where we have been the longest, I visit them, I talk to people. There are people who come and tell us their kids have gone to college because of our investments in these communities, and we’ve grown in those communities. To me, this is about doing it right. Engaging with the communities early, doing it transparently. We are committed to making sure we are bringing incremental power, and we cover 100% of the cost of our power needs for these projects. It’s understanding the impact on neighborhoods and making sure you’re working thoroughly to address them. Done rightly, you can continue making progress. But we are constantly taking feedback into account. I do worry not everyone operates the same way. People have been surprised by data centers showing up in their backyard. Those are all important. As an industry, we should continue to do better. But part of the reason, in a 20-year time frame, we are thinking about things like data centers in space is making sure we are able to put these data centers where maybe the trade-offs will be different. What unproven area of AI is Google working hardest to crack? Is it continual learning—getting models to keep updating after release—or something else? There are multiple parallel paths. You saw with Argon we have a million output tokens. With our Gemini models early on, we had a one-million context window on the input side. These are all examples of breakthroughs we are constantly working on. How do you think about synthetic data? How do you think about continual learning? How do you think about more efficient architectures? We do dedicate a meaningful percentage of our compute to these research bets too. It always goes hand in hand, including our world models. Those are all bets we are placing. Sometimes, as part of these bets, there are ideas that emerge which just make their way into the mainline models. Maybe we don’t fully talk about it, but we have multiple steps in these areas. Working in technology requires optimism that building something will improve the world, but those bets can leave real consequences when they fail. I recently returned to a town in El Salvador where enthusiasm for Bitcoin had given way to unfinished construction and something resembling a ghost town. How do you maintain the optimism you spoke about in your Stanford commencement address while accounting for those risks? I genuinely have a deep conviction that improving technology and improving access to technology makes people’s lives better. It’s been my personal experience in my life, out of which comes that deep conviction, optimism. But with that, I’ve always felt humanity’s journey is always about working hard to harness that technology to make it work well for society. The optimism is not an optimism that you just build whatever you want, whenever. You work hard to make sure you’re building technology in the service of humanity, to make the human condition better. That’s got to be the defining goal as we are approaching it. With that framework, I’m very, very optimistic. We are in very early stages of the kind of progress that we are going to see on many areas. We’re all talking about areas like healthcare. A lot of the progress is ahead. The ability to make things in a fundamentally cheaper way on many things where things have been getting expensive for a long, long time, discovering new materials, etc., which really bend the curve—it’s tough to step today and understand the impact of all that, but they’re going to be very profound. I’m very optimistic, but we have to be rightfully concerned about all the ways this technology can go wrong. Sundar, I know you don’t do many of these. Thank you. Thanks, Alex. Appreciate it.
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