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Alphabet Expands AI Access for European Researchers and Updates Google Play Tools

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Alphabet Inc. (NASDAQ:GOOG) announced a program via Google DeepMind and Google Cloud providing up to 200 European scientists access to its frontier AI models and $3 million in compute credits. The tools, including AlphaFold 3 and WeatherNext, target complex research like weather forecasting and molecular structure analysis. Separately, Google Play launched a feature allowing adults in select markets to build personal Android apps using Google AI Studio without developer registration.

The product rollouts coincide with new research on YouTube engagement. Global monthly users rose 2.4% and daily users grew 1.3%, but worldwide viewing time dipped 1.4% year over year for a second straight month. Meanwhile, YouTube retained its top spot in watch time, capturing about 33% of U.S. and 28% of global view time, though short-form social rivals captured global share over the past year. Wall Street maintains a Market Outperform rating with a $515 target.

Going forward, market participants will watch whether new AI development tools on Google Play convert into broader user engagement and ecosystem loyalty. Investors will also track YouTube viewing trends across connected TV devices, which now represent over half of domestic watch time, to see if platform growth stabilizes against competing social apps.

Key points

  • Alphabet is granting up to 200 European researchers access to frontier AI models alongside $3 million in compute credits.
  • Google Play introduced a feature allowing users 18 and older to create personal Android apps with Google AI Studio.
  • An analyst maintained a Market Outperform rating and $515 price target on Alphabet stock.
  • YouTube global viewing time fell 1.4% year over year, though monthly users grew 2.4% and daily users increased 1.3%.

Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org

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Questions and answers

Why is Alphabet giving European scientists access to AI models?

Google DeepMind and Google Cloud are providing up to 200 European researchers with access to frontier AI models and $3 million in compute credits to help solve complex challenges such as extreme weather forecasting and molecular structuring.

What new feature did Google Play add for app creation?

Google Play allows users aged 18 and older in select markets to build personal Android applications using Google AI Studio and run them on their own devices without needing a developer registration.

What is the analyst rating and price target for Alphabet stock?

An analyst maintained a Market Outperform rating on Alphabet with a $515 price target, highlighting YouTube's continued leadership in viewing time despite a slight annual drop in global watch hours.