Google software program engineers have a brand new coworker: AI.
Google launched its third quarter 2024 earnings on Tuesday and emphasised the function that AI performs throughout the firm.
“Right now, greater than 1 / 4 of all new code at Google is generated by AI, then reviewed and accepted by engineers,” Google CEO Sundar Pichai said on the earnings name. “This helps our engineers do extra and transfer sooner.”
Google has over 1,000 fewer workers now than it did on the identical time final 12 months, for a present headcount of 181,269 workers in comparison with 182,381 in Q3 2023.
Google CEO Sundar Pichai. Picture by Mateusz Wlodarczyk/NurPhoto through Getty Pictures
Google’s AI impression extends to all corners of the globe. Pichai said that AI overviews in search will roll out to greater than 100 new international locations this week and can “now attain a couple of billion customers on a month-to-month foundation.”
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Google Search income grew 12% year-over-year, hitting $49.39 billion within the third quarter of this 12 months. Complete income reached $88.27 billion, a 15% enhance from the earlier 12 months’s $76.69 billion.
“Search remained the biggest contributor to income development, adopted by sturdy 35% development in Cloud,” Google’s chief monetary officer Anat Ashkenazi stated on the earnings name. Google Cloud income was $11.35 billion in Q3 2024.
Google additionally introduced on the decision that YouTube’s advert and subscription income for the previous 4 quarters have topped $50 billion for the primary time.
General, “Q3 was one other nice quarter,” Pichai said. Shares of Google’s mum or dad firm Alphabet had been up over 5% at the moment on the time of writing.
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