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Stockreport

Google execs say employees have to ‘be more AI-savvy' as competition ramps up [CNBC]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: CNBC
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Pichai said employees should use AI to become more efficient. Brian Saluzzo, who leads the developer team in Google's “Core” organization, said the company is building more tools for software engineers. Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. executives are pushing employees to act with more urgency in their use of artificial intelligence as the company looks for ways to cut costs. That was the message at an all-hands meeting last week, featuring CEO and Brian Saluzzo, who runs the teams building the technical foundation for Google's flagship products. “Anytime you go through a period of extraordinary investment, you respond by adding a lot of headcount, right?” Pichai said, according to audio obtained by CNBC. “But in this AI moment, I think we have to accomplish more by taking advantage of this transition to drive higher productivity.” In its last week, Alphabet said it plans to spend $85 bill [Read more]
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Stockreport

Google execs say employees have to ‘be more AI-savvy' as competition ramps up [CNBC]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: CNBC
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Pichai said employees should use AI to become more efficient. Brian Saluzzo, who leads the developer team in Google's “Core” organization, said the company is building more tools for software engineers. Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. executives are pushing employees to act with more urgency in their use of artificial intelligence as the company looks for ways to cut costs. That was the message at an all-hands meeting last week, featuring CEO and Brian Saluzzo, who runs the teams building the technical foundation for Google's flagship products. “Anytime you go through a period of extraordinary investment, you respond by adding a lot of headcount, right?” Pichai said, according to audio obtained by CNBC. “But in this AI moment, I think we have to accomplish more by taking advantage of this transition to drive higher productivity.” In its last week, Alphabet said it plans to spend $85 bill [Read more]
IMPACT SNAPSHOT
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GOOG
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Price Change %
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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TICKS
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS