Our strong performance this quarter highlights ongoing strength in Search and momentum in Cloud. We are innovating at every layer of the AI stack, Pichai stated in the earnings report.
The company reported $84.7bn in revenue, up 14% from the same period last year, attributed to growth in Search and Cloud services by CFO, Ruth Porat.
Alphabet's stock price rose about 24% in the first half of the year despite controversies like the failed Wiz deal and backlash over AI investments.
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