Alphabet results reveal extent of AI-powered programming [Video]

During an earnings call for the third quarter of 2024, Alphabet CEO Sundar Pichai said the company would make its Gemini artificial intelligence (AI) model available to developers.

The company reported a 15% increase in revenue for the quarter, reaching $88.3bn. Google Cloud posted a 35% revenue increase to $11.4bn, led by accelerated growth in Google Cloud Platform (GCP) across AI infrastructure, generative AI (GenAI) and core GCP products.

“The momentum across the company is extraordinary. Our commitment to innovation, as well as our long-term focus and investment in AI, are paying off, with consumers and partners benefiting from our AI tools,” said Pichai.

During the earnings call, Pichai discussed how AI was helping Alphabet streamline software development. “We are organising the company to operate with speed and agility. We’re also using AI internally to improve our coding processes,” he said.

According to Pichai, this is helping Alphabet to boost productivity and efficiency. …