Google Declares It The “Gemini Era” As Revenue Grows 15%
Highlights Alphabet grew revenue 15% year-over-year. AI is the strategic focus, with plans to integrate generative AI into Search. Company is reorganizing AI teams under DeepMind to accelerate “Gemini era” innovations. Alphabet Inc., Google’s parent company, announced its first quarter 2024 financial results today. While Google reported double-digit growth in key revenue areas, the focus was on its AI developments, dubbed the “Gemini era” by CEO Sundar Pichai. The Numbers: 15% Revenue Growth, Operating Margins Expand Alphabet reported Q1 revenues of $80.5 billion, a 15% increase year-over-year, exceeding Wall Street’s projections.…
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