Google says AI helped it beat profit expectations

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AFP

San Francisco (AFP) – Google parent Alphabet on Tuesday credited artificial intelligence with helping boost profits in the final quarter of last year. Alphabet reported a profit of $20.7 billion on revenue of $86.3 billion, with strong contributions from video-sharing platform YouTube and its cloud computing unit. “Each of these is already benefiting from our AI investments and innovation,” Alphabet chief executive Sundar Pichai said in an earnings release. Google ads brought in a total of $65.5 billion in the quarter, compared with $59 billion in the same period the prior year, according to t…

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