Alphabet’s revenue increased by 15 percent during the latest quarter, topping $88.3 billion. Powered by advertising and cloud services, profits surged 34 percent to $26.3 billion, exceeding Wall Street expectations of $22.9 billion. The company experienced continued growth in the online marketplace with popular consumer services such as Google Search and YouTube while also expanding in B2B with cloud offerings. All this as the government explores dismantling its business while competitors such as TikTok and Amazon come after its market share. Advertising growth slowed in Q3, yet still notched a healthy year-over-year increase of 10.4 percent. Continue reading Alphabet Profits Climb 34 Percent, Powered by Cloud and Ads

Alphabet announced that its revenue was up 14 percent to $84.7 billion in Q2, slightly outperforming expectations. Profits rose 29 percent to $23.6 billion, beating analyst targets by $900 million. Search continued to be a top performer, generating $48.5 billion in the three-month period ending June 30, while Google advertising was up 10.5 percent to $64.6 billion. Google CEO Sundar Pichai said the company’s cloud and generative AI solutions “are being used by more than 2 million developers.” The Google Cloud services unit surpassed the $10 billion quarterly revenue mark for the first time. “We are innovating at every layer of the AI stack,” Pichai added. Continue reading Alphabet Reports Q2 Profits Jump 29 Percent to $23.6 Billion

Google is showing off a developmental chatbot it says represents the future of AI assistants. Called Project Astra, it has the ability to “see” and “hear,” remembering the information ingested, which it can then answer questions about — from simple queries such as “Where did I leave my glasses?” to unpacking and explaining computer code. Demonstrated at the Google I/O conference this week, Astra understands the world “just like people do” and is able to converse naturally, in real time. The company says some Project Astra features may come to Gemini late this year. Continue reading Google Teases Astra AI Assistant and Debuts Gemini 1.5 Pro

Google has infused search with more Gemini AI, adding expanded AI Overviews and more planning and research capabilities. “Ask whatever’s on your mind or whatever you need to get done — from researching to planning to brainstorming — and Google will take care of the legwork” culling from “a knowledge base of billions of facts about people, places and things,” explained Google and Alphabet CEO Sundar Pichai at the Google I/O developer conference. AI Overviews will roll out to all U.S. users this week. Coming soon are customizable AI Overview options that can simplify language or add more detail. Continue reading Google Ups AI Quotient with Search-Optimized Gemini Model

Alphabet reported revenue of $80.5 billion for Q1, a 15 percent increase fueled largely by online advertising from Google Search and YouTube. The figure topped analyst estimates of $78.8 billion. Profit soared, rising 57 percent to more than $23.6 billion, wildly overperforming the forecast of $18.9 billion. The strong performance resulted in Alphabet announcing its first ever shareholder dividend, at 20 cents per share, which pays out on June 17. Alphabet’s board approved a $70 billion stock repurchase program, and the news-filled earnings event drove Alphabet shares up 13 percent in after-hours trading. Continue reading Alphabet Profit Up 57 Percent, Prompting First-Ever Dividend

Google is implementing an internal reorganization that combines its Android and hardware teams. Google CEO Sundar Pichai announced a new Platforms & Devices team headed by Rick Osterloh, which includes Android, Chrome, ChromeOS, Photos and all Pixel products. Pichai says the move will help speed development. Osterloh’s mandate is full-stack platform development that smoothly incorporates AI across all Google platforms, including smartphones, TVs and anything with Android OS. Hiroshi Lockheimer, who previously ran ops for Android, Chrome and ChromeOS, moves on to other projects at Google and Alphabet. Continue reading Google Merges Android and Hardware Units for AI Efficiency

Google has rebranded its Bard chatbot as Gemini, and is launching a Gemini mobile app along with a subscription offering for Gemini Advanced that will be included as part of the new $19.95 monthly Google One AI Premium plan. As with Bard, Google will continue to make a free version of the Gemini chatbot available. Gemini Advanced is powered by Gemini Ultra, the most sophisticated of the three Gemini AI models Google unveiled in December. “Gemini Advanced not only allows you to have longer, more detailed conversations, it also better understands the context from your previous prompts,” Google explains. Continue reading Google Intros Gemini Advanced Chatbot, One AI Subscription

Google is closing the year by heralding 2024 as the “Gemini era,” with the introduction of its “most capable and general AI model yet,” Gemini 1.0. This new foundation model is optimized for three different use-case sizes: Ultra, Pro and Nano. As a result, Google is releasing a new, Gemini-powered version of its Bard chatbot, available to English speakers in the U.S. and 170 global regions. Google touts Gemini as built from the ground up for multimodality, reasoning across text, images, video, audio and code. However, Bard will not as yet incorporate Gemini’s ability to analyze sound and images. Continue reading Google Announces the Launch of Gemini, Its Largest AI Model

Google has filed suit in federal district court in California to stop alleged fraudsters from leveraging public interest in artificial intelligence generally and Bard in particular to spread malware. The perpetrators, who are believed to be based in Vietnam, are said to be using Facebook to promote an “unpublished” version of Bard that when downloaded installs password-stealing malware into the host system. The suit claims the scammers are using Google’s trademark-protected intellectual property — including its name and that of Bard, its brand look and colors, and photographs of CEO Sundar Pichai to promote an illegal scheme. Continue reading Google Seeks Out Scammers Using Bard to Spread Malware

The first U.S. Senate AI Insight Forum was a lively event, with xAI’s Elon Musk calling for a federal department of artificial intelligence while Meta’s Mark Zuckerberg emphasized a need for transparency and Google’s Sundar Pichai stressed AI’s potential to improve the human condition with regard to things like health and energy. The three-hour meeting was organized by Senate Majority Leader Chuck Schumer (D-New York) who said the crash course would address both how AI “enriches our world and opens the door to new prosperity” and how society can “minimize the very real risks.” Continue reading Tech Titans Convene in Washington for First AI Insight Forum

Google is establishing a $20 million fund to promote responsible AI through its charitable arm, Google.org. The investment will provide grants to academics and think tanks as part of the company’s new Digital Futures Project, announced on the eve of today’s private meeting between Congress and AI-focused tech giants. “AI has the potential to make our lives easier and address some of society’s most complex challenges — like preventing disease, making cities work better and predicting natural disasters. But it also raises questions about fairness, bias, misinformation, security and the future of work,” Google said. Continue reading Google Digital Futures Project Pumps $20M into Responsible AI

Google is making many of its most powerful cloud computing tools available commercially for the first time, Google Cloud CEO Thomas Kurian shared at the company’s Cloud Next ’23 conference in San Francisco. In a bid to catch up with top AI rivals such as Amazon and Microsoft, the Google Distributed Cloud will open for general business including at the edge with Vertex AI and PaLM 2. Google Cloud will serve up AI from Anthropic, in which it is an investor, as well as from Meta Platforms. In addition, an AI-infused Gmail productivity suite is on the way. Continue reading Google Takes on the Competition with Cloud and AI Services

Google is adding images and video to its Search Generative Experience (SGE), an AI-powered context tool the company began testing in May that some are already calling “the future of Google Search.” Those who have signed up for Search Labs and enabled SGE will begin seeing more multimedia at the top of their search results. The idea is to help searchers “get up to speed on a new topic, uncover quick tips for your specific questions or discover products and things to consider — with article links to dig deeper,” Google explains of its latest AI improvements. Continue reading Google’s AI-Powered Search Delivers Relevant, Visual Results

Alphabet posted a strong second quarter, with Google Cloud revenue climbing 28 percent year-over-year, to $8.03 billion, and overall revenue gaining 7 percent, to $74.6 billion, exceeding analyst expectations, as did the $18 billion in net income. Google Search ad sales grew by nearly 5 percent, to $42.6 billion, while ad sales from Google’s YouTube streaming platform rose almost 4 percent, to $7.7 billion. YouTube had in recent quarters sustained revenue declines, attributed to increased competition from TikTok and others, but was finally able to reverse the downward trend. Continue reading Search Stays Strong and YouTube Rebounds in Alphabet Q2

In the wake of Microsoft’s phenomenal success with Bing Chat powered by OpenAI, Google is restyling its search platform to be conversationally driven using artificial intelligence. It also plans to add more social media posts and short videos to its search results, a significant shift from the “10 blue links” of website results that have traditionally served as the Google Search template. At its Google I/O developer conference today, Google is expected to showcase new AI features that it will incorporate into search as part of a new project code-named “Magi.” Continue reading Google to Restyle Search with a More ‘Snackable’ AI Touch