Tuesday, July 25, 2023

g-f(2)1226 The AI Lighthouse: How Google is Leading the Way

 

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ULTRA-condensed knowledge

Lighthouse of the Big Picture of the Digital Age

The “Positive Disruption: Transformation Revolution” has accelerated

The "Positive Disruption: AI Revolution" has accelerated


genioux Facts:

Google's AI-powered businesses are booming, thanks to strong demand from advertisers and cloud customers.

Google executives on Tuesday expressed optimism about the company's future, citing its extensive use of artificial intelligence (AI) across its products and services. While they did not provide a specific timeline, they said that Search Generative Experience (SGE), a new search feature that can synthesize search results from complex queries, would be widely available to the public soon.





This lighthouse extracts 10 key insights from Jennifer Elias's golden knowledge article "Google points to many ways it can win in A.I. even as online ad market shows cracks":

  1. Overall, AI is a boon, Google's CEO Sundar Pichai said.
  2. Alphabet’s second-quarter results showed the company remains a strong option for advertisers and users even as artificial intelligence chatbots emerge.
  3. Google is also proving to investors that it has multiple ways to grow, benefiting from a boom in cloud spending by AI companies.
  4. Google’s revenue rose 7% to $74.6 billion from $69.7 billion in the year-earlier period, topping analysts’ estimates. Profit was also better than expected, driving the stock price up about 6% in extended trading.
  5. Search revenue, which makes up the majority of Google’s ad business, also saw steady growth. 
  6. Google’s search business still expanded, and CEO Sundar Pichai pointed to the company’s homegrown chatbot called Bard, which has been a major focus of investment in recent months.
  7. Where Google can benefit no matter what happens in the ad market is on the cloud infrastructure side, where it competes with Amazon Web Services and Microsoft Azure. 
  8. AI companies are flocking to Google’s cloud technology so they can run the compute-heavy projects that are only available in a few places.
  9. Google’s cloud business, which turned profitable in the first quarter, saw revenue increase 28% in the second quarter to $8 billion, topping analysts’ estimates. Pichai said that more than 70% of so-called unicorns (generally defined as billion-dollar tech startups) in generative AI are Google Cloud customers. They include Cohere, Japser and Typeface.
  10. “There is definitely a lot of interest from customers on AI and they definitely are engaging on many more conversations with us,” Pichai said.



REFERENCES

Jennifer Elias, Google points to many ways it can win in A.I. even as online ad market shows cracks, CNBC, July 25, 2023.


ABOUT THE AUTHORS


Jennifer Elias

Jennifer covers Google parent company Alphabet Inc. and Silicon Valley culture for CNBC.com in San Francisco. Formerly a reporter for the Silicon Valley Business Journal, Jennifer covered publicly-traded tech companies, their executives and workforce issues. Previously, she freelanced for FastCompany.com and Forbes.com. She can be reached at Jennifer.Elias@nbcuni.com or by cell or Signal at (415) 852-8555.



Extra-condensed knowledge







Google's 20 year lead in search will inform better A.I. decisions, says Deepwater's Gene Munster





CNBC Facts:



Condensed knowledge





Google Reports 7 Out of 10 Generative AI Unicorns Are Cloud Customers


PYMNTS Facts:
  • The company beat Wall Street expectations by a considerable margin, and underscored the positive impact generative AI is having on its bottom line by emphasizing to investors on the call that the evolving ecosystem has supercharged Alphabet’s total addressable market (TAM).
  • “We intuitively know how to integrate AI into our products,” Alphabet and Google CEO Sundar Pichai told investors on Tuesday’s (July 25) call.
  • “Google Cloud infrastructure is optimized for AI, and more than 70% of generative AI unicorns are Google Cloud customers,” he added.
  • The company said its Cloud business revenue grew by 28%.
  • In its earnings call last quarter, Alphabet mentioned AI 55 times. This quarter, the mega tech company mentioned AI more than 70 times.
  • “There’s exciting momentum across our products and the company, which drove strong results this quarter. Our continued leadership in AI and our excellence in engineering and innovation are driving the next evolution of Search, and improving all our services. With 15 products that each serve half a billion people, and six that serve over 2 billion each, we have so many opportunities to deliver on our mission,” Pichai highlighted to investors on the call.
  • Google Reports 7 Out of 10 Generative AI Unicorns Are Cloud CustomersPYMNTS, July 25, 2023.



g-f(2)1226: The Juice of Golden Knowledge








Some relevant characteristics of this "genioux Fact"

  • BOMBSHELL KNOWLEDGE
  • Category 2: The Big Picture of the Digital Age
    • The Lighthouse of the Big Picture of the Digital Age
      • The "Positive Disruption: AI Revolution" has accelerated
    • The internal title
      • g-f(2)1226 The Lighthouse of Google AI Revolution: AI Is a Boon 
  • [genioux fact deduced or extracted from geniouxfacts + CNBC + PYMNTS + Bard + Bing Chatbot]
  • This is a “genioux fact fast solution.”
  • Tag "GkPath" highway
    • GKPath is the highway where there is no speed limit to grow. 
    • GkPath is paved with blocks of GK.
    • "genioux facts", the online program on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, builds The Golden Knowledge Path (GKPath) digital freeway to accelerate everyone's success in the digital age.
  • Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
  • Type of validity of the "genioux fact". 

  • Inherited from sources + Supported by the knowledge of one or more experts.


References


“genioux facts”: The online programme on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)1226, Fernando Machuca, July 25, 2023, Genioux.com Corporation.






ABOUT THE AUTHORS


PhD with awarded honors in computer science in France

Fernando is the director of "genioux facts". He is the entrepreneur, researcher and professor who has a nondisruptive proposal in The Digital Age to improve the world and reduce poverty + ignorance + violence. A critical piece of the solution puzzle is "genioux facts"The Innovation Value of "genioux facts" is exceptional for individuals, companies and any kind of organization.

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