Google delivered first-quarter results that far exceeded Wall Street expectations, with revenue climbing 22 percent and net income soaring 81 percent as AI demand transformed its cloud computing division into a major growth engine.
The Wall Street Journal reports that Google parent company Alphabet posted approximately $110 billion in sales for the first quarter, surpassing analyst projections and demonstrating how the company’s substantial investments in artificial intelligence are beginning to generate significant returns. Net income reached $62.6 billion, representing an 81 percent increase compared with the same period a year earlier.
The…
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