Alphabet’s (and by extension Google plus’s) big bets could be different before long: some of them will be closed and the new star will be… technology for health!
No one will be surprised by the news because we all know that by now Tech giants are undergoing a major restructuring on a strategic and business level, partly studying and Rethink the baskets and projects you put your resources into to optimize them.
Google plus is not free if it had already announced the closure of Stadia along with modifications in other departments, now we are to announce more arm movements for parent company Alphabetreviews his weirdest, most innovative, and weirdest projects for Change your approach and work towards more serious commitments and the future.
Our colleagues told us Police Androidwho reported that some of the Alphabet X Projects how autonomous taxis or the automated drone delivery systems be on the hook to pave the way for new research and development options in drug discovery and other technological approaches to health.
And last but not least, the need to restructure Alphabet X, the reports espectáculo About $30,000 million has been lost between the department’s eleven crazy projects. so far with numbers around minus $4,500 million only in the first three quarters of 2022.
That is the thing Investors don’t like thatespecially in a situation like the present one that would put pressure on the leaders of the alphabet to change their approach and dangerous bets on rare technology were made switch to products with a brighter future and the opportunity to make profits.
Apparently so research relating to healthcare and medicine to the new interests of the leadership of Alphabet and Google plus, starting with the Calico biotechnology company which is part of the Conglomerate, and explores ways to fight aging and prevent age-related diseases and problems. It should be noted that Calico is already two cancer drugs and another trying to prevent ALS in different phases of clinical studies.
other company like Truly has also received a boost following multiple agreements related to the detection of COVID-19 and the Pfizer vaccine monitor in vaccinated patients to test their results.
We don’t know right now what steps Alphabet will officially take in the coming months, but its X incubator is undergoing an in-depth review of the remaining projects, excluding those with options and future viability.
it’s clear we don’t know yet what will happen with all the projectsBut some questionable emplees like the Loon balloons could turn off the lights very early, which would call into question the case of the Alphabet X incubator template whose characters would do so around 700 employees.
maybe some projects do not go, but come out of the screen of the alphabet as Waymo did then, to continue as an independent company, although it remains to be seen what will happen with all these projects and what strategies will strategic projects pursue like DeepMind, Google plus Fiber, and the aforementioned Calico and Verily.