Intelagen, a Google Cloud partner focused on Agentic AI, has announced the appointment of David "Mac" McDaniel as its new Chief Technology Officer. McDaniel, with over 30 years of tech leadership experience and a background as a Google Fellow, will oversee Intelagen's Digital Engineering division, focusing on AI, cloud platforms, and security. Intelagen aims to leverage McDaniel's expertise to drive the development of enterprise-class AI solutions, enhancing customer experience and promoting business empowerment through innovative technology. This appointment aligns with Intelagen's mission to deliver impactful, cutting-edge digital solutions.

• Alphabet last closed at $167.01 down 1.9%.

In other market news, DCI Indonesia was a standout up 20% and ending the day at IDR116,125.00, a new 52-week high. At the same time, GDS Holdings lagged, down 16.3% to end the day at $31.84.

Alphabet leverages AI integration to boost Google Cloud revenue by 35%. Click to explore the full narrative on Alphabet's strategic positioning.

For more on this topic, don't miss our Market Insights article, "DeepSeek and Trump’s EOs: The Winners And Losers," which explores the significant impact of DeepSeek's AI advancements on the industry and its potential repercussions for investors in the Cloud AI ecosystem.

Best Cloud AI Stocks

• Apple settled at $238.03 down 1.6%.
• Microsoft finished trading at $388.49 down 2.1%, close to the 52-week low. This week, Microsoft launched Dragon Copilot to enhance AI-driven clinical workflows and improve healthcare provider efficiencies.
• Super Micro Computer ended the day at $36.07 down 13%.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Google Cloud Partner Intelagen Announces David “Mac” McDaniel as New Chief Technology Officer" from Intelagen on GlobeNewswire (published 28 February 2025)

Companies discussed in this article include IDX:DCII NasdaqGS:AAPL NasdaqGS:GOOGL NasdaqGS:MSFT NasdaqGS:SMCI and NasdaqGM:GDS.

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