Google’s ad sales rose at robust rate in holiday season, but AI-driven numbers let down investors

Google’s Ad Sales Surge, but AI Hopes Fall Short

Recently, Google’s parent company Alphabet Inc. reported strong growth in digital ad sales during the holiday season. This boost, however, did not fully alleviate investor concerns regarding the company’s substantial investments in artificial intelligence. The results from October to December revealed that while profits from Google’s dominant search engine and related services continue to climb, the anticipated revenue growth from the Google Cloud division, closely tied to the AI boom, was not as impressive as expected.

For more details, visit https://finance.yahoo.com/news/googles-ad-sales-rose-robust-213556546.html

#Google #AI #DigitalAdvertising #Investing #AlphabetInc

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