Google CEO Sundar Pichai says that when it comes to AI, “we are in the earliest stages of a profound shift.” Pichai explained at the New York Times DealBook Summit on Wednesday that AI models are going to get better at reasoning and carrying out actions reliably over the next few years. The upgrades to...
Tag: Sundar Pichai
Google CFO says company can ‘push a little further’ in cost savings
Alphabet incoming CFO Anat Ashkenazi, who spent 23 years at Eli Lilly Eli Lilly For nine years, the CFO role at Google and parent company Alphabet was held by Ruth Porat, who took a giant pay package in 2015 to leave Wall Street for Silicon Valley. On Tuesday, Porat’s successor, Anat Ashkenazi, made her earnings...
Meta Q2 earnings report 2024
Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Meta is slated to report second-quarter earnings on Wednesday after the close of regular trading. Here’s what analysts polled by LSEG are expecting: Earnings per...
Alphabet meets earnings expectations but misses on YouTube ad revenue
Google parent company Alphabet reported second-quarter results after the bell Tuesday that were in-line with analyst estimates on revenue and earnings, but missed on YouTube advertising revenue. Alphabet shares were down about 2% in after-hours trading. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings: $1.89 a share vs. $1.84...
Google Takes on OpenAI With New Project Astra AI Assistant
Google is in its Gemini era, according to CEO Sundar Pichai. Pichai took the stage at Google’s Tuesday I/O event and shared the new capabilities of the tech giant’s year-old Gemini AI model, which was officially released in December as Google’s largest AI model that could reason multimodally, or across text, code, audio, video, and...
Alphabet (GOOGL) Q4 earnings report 2023
Alphabet CEO Sundar Pichai walks to lunch at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 12, 2023. David Paul Morris | Bloomberg | Getty Images Alphabet shares slid more than 4% in extended trading on Tuesday after the company reported ad revenue that missed analysts’ estimates. Here are...
Alphabet (GOOGL) Q2 earnings report 2023
Sundar Pichai, CEO, Alphabet Inc., during the Google I/O developers conference in Mountain View, California, May 10, 2023. David Paul Morris | Bloomberg | Getty Images Alphabet will report second-quarter earnings after the close of regular trading on Tuesday. Here’s what Wall Street is expecting: Earnings: $1.34 per share, adjusted, according to Refinitiv. Revenue: $72.82...