Alphabet Doubles Up Efforts on AI as Tech Industry Races to Get a Foothold in the Sector
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Google's parent company, Alphabet Inc., released its fourth and fiscal year 2022 results on Thursday. For Q4, consolidated revenues were $76 billion, a 1% gain over Q4 in 2021. During the conference call, CEO Sundar Pichai described the growth run during the pandemic as a period of significant acceleration in digital spending.