Google parent Alphabet sees strong Q3 earnings driven by search, cloud

Quick Summary:

The tech giant’s net profit in Q3 rose 33.6% year-over-year to $26.3 billion, while revenue surged by 15.1% year-on-year to $88.3 billion.

For the first time ever, YouTube’s combined ad and subscription revenue over the past four quarters surpassed $50 billion, Pichai shared.

The tech’s giant chief highlighted the company is using AI internally to improve its  coding processes, which is boosting productivity and efficiency.“Today, more than a quarter of all new code at Google is generated by AI, then reviewed and accepted by engineers.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Ishan Patra

Category: StartupsEconomyBusiness

Markets: India

Topics: Billion Pichai Cloud Search Revenue Year Tech Business Quarter Period Google

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 03:07:26 (1 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 701 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23334399

View Article Analysis

About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 6 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

Publisher Details

Frequently Asked Questions