Alphabet posts big revenue and profit growth
Briefly

Sundar Pichai highlighted that the DOJ's remedies for Google's monopolistic behavior could jeopardize the US's standing as a leader in the global tech market.
Pichai emphasized that generative AI's integration in search and ads has significantly reduced costs for serving AI Overviews, decreasing expenses by 90%.
With Google Cloud generating $11.3 billion in revenue, Pichai asserted that the AI capabilities and hardware utilized give it a competitive edge over rivals.
The CEO mentioned that Google continues to adjust its cost strategy, with only a slight decrease in workforce by 1,112 employees over the past year.
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