A chart-led look at Meta, Microsoft, Alphabet and Amazon's $650 billion commitment to AI and what that scale means for advertisers, cloud growth and future revenue models.
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Google cuts 200 jobs in a core business unit
The redundancies are in a department responsible for sales and partnerships and part of a broader cost-cutting move as Google invests $75 billion in AI and data centres.
ChatGPT search has officially launched
The AI-powered search engine integrated into ChatGPT will directly threaten Google's dominant market share.
US judge rules that Google acted illegally to monopolise online search
A US judge has declared Google a "monopolist" in a landmark ruling, finding the tech giant guilty of illegally stifling competition in the online search and advertising market.
Alphabet beats Q2 earnings predictions
The tech giant and parent of Google has beaten Q2 revenue and profit estimates driven by strong ad sales and its cloud unit, and says that its AI investments are “driving new growth.”
Earnings analysis: AI costs rack up at Alphabet, Amazon, Meta and Microsoft
Big tech firms are on track to significantly increase capital expenditures this year as they invest in computing resources to power AI.
Google: ‘We’re not restructuring because AI is taking away roles’
Chief business officer Philipp Schindler tells investors that growth in the company’s AI-powered ad products, a ‘bright spot’ in its Q4 performance, has not directly contributed to recent layoffs.
YouTube returns to growth in Q2
As Google recovers from an advertising retraction, CFO Ruth Porat has been handed a new role overseeing parent Alphabet’s experimental bets.
YouTube’s ad revenue decline continued into Q1
Alphabet executives assured investors that ad spend has begun to stabilise across Google properties as revenue from its video streaming platform has now retracted for three consecutive quarters.
YouTube ad revenue declines as brands cut budgets
Advertising revenues falter across Google properties in Q3 as tech giant feels pinch from tough economic climate.
Google ad revenue crosses $50 billion in Q2
Parent company Alphabet sees a strong rebound from pandemic constraints, with revenue up 62% and operating income up 31%.
Google ads and cloud send Alphabet profit skyrocketing to $15.7 billion in Q4
A couple of quarters after the Covid-19 pandemic hit its financial performance, Google's parent company has recorded a 69% jump in operating income and 23% lift in revenue year-on-year.
Ad revenue crumples, but YouTube shines in Q1 for Google's parent company, Alphabet
At-home consumers bolster YouTube, Google Cloud, but CFO warns Q2 will be difficult for the advertising business.
Google founders step back... but remain in control
Larry Page and Sergey Brin have a stellar track record in accumulating wealth and power while trying to avoid accountability.
Google ad revenue growth slows amid price 'headwinds'
Internet's dominant company is not growing traffic volumes to make up for downward ad prices.