Microsoft Corp and Google-parent Alphabet Inc talked up investments in artificial intelligence (AI) for the second quarter in a row but their results on Tuesday (April 25) suggested that any substantial additions to sales will be slow. The tech behemoths have launched an array of products that they promise are packed with generative AI, which creates brand new content -...
Microsoft Corp and Google-parent Alphabet Inc talked up investments in artificial intelligence for the second quarter in a row but their results on Tuesday suggested that any substantial additions to sales will be slow.
With quarterly reporting season just under way, the term "AI" has been used nearly twice as frequently in the conference calls of S&P 500 companies as it was in the previous quarter, a Reuters analysis showed. "Lots more to come," Alphabet boss Sundar Pichai said on Tuesday after he mentioned some of the products the company launched last month, including Bard, Google's answer to ChatGPT-powered Microsoft search chatbot Bing.
"As far as working it into actual numbers, think about how long it took for Google to break out YouTube just as an example," he said, adding that anything significant was unlikely to show up on statements for more than a year. Bing has lagged Google search for decades but Nadella said that Bing downloads had jumped since the addition of AI features and now had 100 million daily users.
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