Sundar Pichai just showed the doubters he's the wartime general Google needs [Business Insider]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Business Insider
He's has been battling a narrative that Google has fallen behind in the AI race There's an AI battle raging, and Sundar Pichai appears to be Google's wartime general. With Pichai at the helm, Alphabet just reported blockbuster first-quarter earnings that surpassed analysts' estimates and sent the stock soaring. The company reported a 15% year-on-year revenue increase and issued its first dividend of 20 cents a share The CEO told analysts that Google was well "positioned for the next wave of AI innovation and the opportunity ahead," reminding them the company had been "AI-first" since 2016. Google has made gains in its AI development and is planning significant investments and products in the field, including a generative AI search engine. It was a much-needed win for Alphabet's CEO, who has been battling a narrative that the company has fallen behind in the AI race since the launch of Microsoft-backed ChatGPT. Despite being a pioneer in the field, the company has been fig
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Sec Filings
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- 5/3/24 - Form 4
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- GOOG's page on the SEC website