Google-parent Alphabet earnings shine with help of AI

Wait 5 sec.

Alphabet, Google’s parent company, reported a £21.8bn profit on £74.6bn revenue, driven by AI advancements across its business. Strong growth in search, YouTube, and cloud boosted results. However, antitrust rulings in the US threaten Google’s dominance, with potential break-ups looming. Google is appealing both court decisions.