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Alphabet Posts Record Quarterly Profit on 24% Revenue Surge Driven by AI

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Alphabet, Google's parent company, reported a historic quarterly profit, marking a significant financial milestone for the tech giant. The company's second-quarter revenue grew by 24%, reflecting strong performance across its business units. Google Cloud was a standout performer, recording an impressive 82% growth during the period. CEO Sundar Pichai credited the company's full-stack approach to artificial intelligence as a key driver behind these results. The figures underscore the measurable returns Alphabet is seeing from its sustained investments in AI infrastructure and services.

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Alphabet Posts Record Quarterly Profit on 24% Revenue Surge Driven by AI · ShortSingh