Google is officially a $2 trillion company

Google has spent the past year dealing with two of the biggest threats in its 25-year history: the rise of generative AI and the growing drumbeat of regulation. AI, in particular, has shaken the company to its core: it’s made big search changes, realigned the Search, Android, and hardware teams around AI, and launched its own Gemini AI model to capitalize on the opportunity.

we are very confident we can manage the cost of how to serve these queries.” For now, Google says it doesn’t want to disrupt search too much: “We’re being measured in how we do this, focusing on areas where Gen AI can improve the search experience while also prioritizing traffic to websites and merchants,” said Pichai. Google’s existing businesses seem to be doing just fine, too: the company made $23.7 billion in profit on $80.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Spectacular Q1 earnings report from Google leads Alphabet to pay a dividend for the first timeAlan, an ardent smartphone enthusiast and a veteran writer at PhoneArena since 2009, has witnessed and chronicled the transformative years of mobile technology. Owning iconic phones from the original iPhone to the iPhone 15 Pro Max, he has seen smartphones evolve into a global phenomenon.
Source: PhoneArena - 🏆 322. / 59 Read more »

Google is 'going on the offensive:' What analysts are saying after latest Alphabet earningsMost think Alphabet has plenty of room to go, but some questioned how much the stock can consistently grow against such a large spending backdrop.
Source: CNBC - 🏆 12. / 72 Read more »