
"Alphabet's Q1 earnings demonstrated a robust performance with revenue growing by 12% year-over-year to $90.2 billion and net earnings surging by 46% to $34.54 billion."
"Sundar Pichai highlighted that the âfull-stack approach to AIâ is pivotal in driving Alphabet's growth, contributing significantly to reaching 35 million daily users of Gemini."
Alphabet, the parent company of Google, reported its Q1 earnings with significant growth, including a 12% year-over-year revenue increase to $90.2 billion. This performance exceeded analysts' expectations and showcased a 46% rise in net earnings, amounting to $34.54 billion. Key contributors to this growth included Google's core businesses, such as Search and YouTube ads, bolstered by a robust engagement in AI technologies. CEO Sundar Pichai emphasized that the company's commitment to a full-stack approach to AI is essential for expanding their user base, with 35 million daily users engaging with their Gemini platform.
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