Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) reported its financial results for the fourth quarter and full year of 2024, showcasing strong revenue growth driven by increased advertising sales and continued momentum in its cloud segment. The company posted total revenue of $86.3 billion for the quarter, reflecting a 15% year-over-year increase. Google Cloud revenue surged by 26% to $10.4 billion, while YouTube ad revenue also saw notable gains. CEO Sundar Pichai highlighted ongoing investments in artificial intelligence as a key driver for future innovation and growth across Alphabet’s portfolio.
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About Alphabet Inc.
Alphabet is a global technology company focused on a wide range of digital services and products, including search, advertising, cloud computing, and artificial intelligence. As the parent company of Google, Alphabet operates a diverse portfolio of businesses that aim to organize the world’s information and make it universally accessible and useful.
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