The stellar earnings reports from both tech giants assuaged concerns regarding the profitability of their significant AI investments, following Meta's tepid forecast.
Google, inventor of foundational technology for today s AI boom, is also locked in battle with two industry players that have captured the business world s attention, ChatGPT s creator OpenAI and its backer Microsoft.
Alphabet Results: Google, inventor of foundational technology for today s AI boom, is also locked in battle with two industry players that have captured the business world s attention, ChatGPT s creator OpenAI and its backer Microsoft.
Boosted by growth in its cloud-computing division, Alphabet's total revenue for the quarter came in at $69.8 billion, a 3 per cent increase from last year.