Content tagged with Alphabet

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Google Cloud surpasses $20B, but says growth was capacity-constrained

Google Cloud, the business under parent company Alphabet that provides enterprise AI solutions, had a blowout first quarter, with revenues topping $20 billion for the time, a 63% increase from the same period last year. However, investors on the company’s earnings call expressed concern about the constraints surrounding the business …

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Google just gave Sundar Pichai a $692M pay package

Sundar Pichai’s new pay package could be worth $692 million. Per a filing first spied by the FT, Alphabet has structured a three-year deal for its Google CEO that could make him one of the highest-paid executives on the planet — but most of it is tied to performance, including …

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Alphabet won’t talk about the Google-Apple AI deal, even to investors

Alphabet declined to answer one of its investors during questions about Google’s AI deal with Apple on Wednesday’s fourth-quarter earnings call. Instead of responding to an analyst’s question about how the tech giant is thinking about AI partnerships, such as the one with Apple to power AI for Siri, the …

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