) will report its third-quarter earnings after the bell on Tuesday, giving Wall Street its first big look at the health of the digital advertising market for the quarter. The report will also provide fresh insights into whether Google’s recent AI advancements are driving revenue for the company’s cloud and enterprise businesses.
Google CEO Sundar Pichai speaks at the Google I/O conference in Mountain View, Calif., Tuesday, May 8, 2018. Google has been pouring money into its generative AI efforts after being caught off guard by Microsoft, which began rolling the technology into its products in February after investing in AI company OpenAI. Since then, Google has debuted a host of generative AI products for both its consumer and enterprise businesses, as it seeks to regain its standing as Silicon Valley’s AI leader.
Google, however, is facing a slew of regulatory problems. Not only is it battling the DOJ over its search and ad businesses, the European Commission is also working to break up the company’s ad segment. Then there’s Japan’s antitrust watchdog, which is investigating whether Google asked smartphone makers to favor search products over competing services,is the tech editor at Yahoo Finance. He's been covering the tech industry since 2011.
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