Google's Early Investment in AI has propelled the stock to new heights, with a 24% increase predicted for 2024.

Quick Summary:

Long before AI chatbots like ChatGPT gained public attention, Alphabet Inc Class A (NASDAQ: GOOGL) was already using AI in key areas like Google Docs, Gmail, and its advertising platforms, which are major revenue sources.

Google has been an early adopter of AI technology, integrating it into core products such as Google Docs, Gmail, and its advertising platforms, which are significant sources of revenue.

At the Google I/O developer conference, CEO Sundar Pichai emphasized the critical role of AI by introducing AI-generated answers in Google's search engine.

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Article Details

Author / Journalist: Zaheer Anwari

Category: Technology

Markets: United States

Topics: US38259P5089 News Artificial intelligence AI Trading Ideas GOOGL Tech Contributors Expert Ideas Benzinga

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-24 @ 14:17:43 (1 months ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 338 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © Benzinga

News ID: 21075443

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