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Technology Stocks : Alphabet Inc. (Google)
GOOGL 309.77+0.8%3:59 PM EST
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From: Frank Sully10/30/2021 5:49:25 PM
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Artificial Intelligence Makes Energy 40% Cheaper for Alphabet

CONTRIBUTORS
Taylor Carmichael The Motley Fool
Danny Vena The Motley Fool

PUBLISHED
OCT 29, 2021

Inflation is going up dramatically right now, and may very well lead to rising interest rates in the future. But there's also a counterbalance to all our inflation -- technology. Improvements in technology can cause a lowering of prices. One example of this is what happened after Alphabet (NASDAQ: GOOG (NASDAQ: GOOGL acquired the artificial intelligence start-up Deep Mind seven years ago. The company gave its AI solution the task of how to cool its many data centers.

In this clip from "The 5," recorded on Oct. 11, Motley Fool contributor Danny Vena describes what happened next.



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