Alphabet reported $84.7 billion in sales for the quarter, a 14% YoY jump and beating the $84.1 billion analysts expected.
The tech company's 'Other Bets' unit, its innovative investments, saw a rise to $365 million, emphasizing the value of novelty.
CEO Sundar Pichai noted during the earnings call that Alphabet's AI efforts were 'driving new growth,' generating billions in revenues and used by over two million developers.
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