Google parent Alphabet is still making bank, but faces fierce competition in search and generative AIs
Briefly

Bottom line: Like other big tech companies, Google has been able to navigate the ongoing economic storm with little impact on its financial performance overall.However, the search giant faces significant challenges ahead as it struggles to catch up with others in the generative AI race.Google says it made revenues totaling $69.8 billion in the first quarter of 2023, which is a three percent year-over-year increase but a modest result compared to the $76 billion recorded in the previous quarter.
Read at TechSpot
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