Google had a massive quarter thanks to Search and AI
by Emma Roth from The Verge - All Posts on (#6PEA4)
Illustration: The Verge Google made nearly $85 billion over the past few months as revenue from its Search and cloud computing businesses soared. That's according to the quarter two earnings report released by Google's parent company, Alphabet, on Tuesday, which says Search alone raked in $48.5 billion.
Meanwhile, Google's cloud division hit $10 billion for the first time while also achieving $1 billion in operating profit. During an earnings call on Tuesday, Google CEO Sundar Pichai said the company's generative AI solutions for Cloud customers already generated billions in revenues and are being used by more than 2 million developers."
We are innovating at every layer of the AI stack," Pichai says in a letter to investors. Our longstanding infrastructure...