NewsBite

The Breakdown

Amelia McGuire

Alphabet delivers earnings beat but investors wary of AI hit on Google

But Sundar Pichai, the chief executive of the world’s second-largest technology company, says the company can move quickly to respond.

Amelia McGuireBusiness reporter

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

The world’s second-biggest technology company, Alphabet, has recorded better than expected earnings in the three months to the end of September but is still trying to convince investors that its core product, the search engine giant Google, can survive in a world of artificial intelligence.

Alphabet’s earnings, released early on Wednesday, were boosted by higher digital advertising revenues and more demand for its cloud computing services as a result of a quick take-up of artificial intelligence platforms.

Loading...
Amelia McGuire covers technology from the AFR's Sydney newsroom. She was previously the aviation, tourism and gambling reporter for The Sydney Morning Herald and The Age. Connect with Amelia on Twitter. Email Amelia at a.mcguire@afr.com.au

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Technology

Fetching latest articles

Most Viewed In Technology

    Original URL: https://www.afr.com/technology/alphabet-delivers-earnings-beat-but-investors-wary-of-ai-hit-on-google-20241029-p5kmf3