Google Launches ‘Universal’ Gemini AI Agent for Workplace

Alphabet's Waymo closed a $5 billion term loan, its first debt financing, with PIMCO, Blackstone, and others as lenders. The funds support Waymo's robotaxi expansion into more U.S. cities and Singapore. Waymo previously raised $16 billion in equity at a $126 billion valuation. The debt allows expansion without additional equity but introduces financing obligations.

Finland's LVV ordered Google's Tuike Finland Oy to halt construction on two AI data centers due to incomplete environmental impact assessments. Google acknowledged falling short of its standards but claims it acted lawfully. The sites in Muhos and Kajaani involve 740 acres of forest, with Google planning tree planting across 130 hectares. The stop-work order focuses on deforestation concerns, not electricity supply. Similar delays are seen in Denmark and for Amazon's projects in Europe.

Alphabet (GOOGL) signed a 20-year power deal with Constellation Energy (CEG) for 890 MW of nuclear output, the largest of its kind. Constellation shares rose 12.2%. The deal aims to address grid power rules. Constellation also secured a separate 2,700 MW deal with Google and a 20-year deal with Amazon (AMZN).

Waymo, Alphabet's self-driving unit, secured a $5 billion term loan to expand its autonomous ride-hailing services. Lead lenders included PIMCO, Blackstone, and Sixth Street, with Goldman Sachs as the sole lead bookrunner. Waymo recently launched operations in its 15th US city and plans to expand to Singapore. Earlier this year, the company raised $16 billion in equity at a $126 billion valuation.

Alphabet (GOOGL, GOOG) launched a 'universal' Gemini agent for Gmail, Drive, Docs, and Calendar, expanding its AI workplace tools. This move intensifies competition with OpenAI, Microsoft (MSFT), and Amazon (AMZN). Alphabet's next earnings report is estimated for Oct. 28, 2026, with expected EPS of $2.89 and revenue of $116.87 billion. The stock has a Strong Buy consensus rating and was trading up 0.68% at $349.72 on Thursday.

Securitize (SECZ) launched tokenized shares of Apple (AAPL), Microsoft (MSFT), Nvidia (NVDA), and others, backed 1:1 by actual shares. Tokens operate on Solana, settle in USDC, and offer shareholder rights. The company aims to bridge traditional markets with tokenization, with plans for round-the-clock trading.