Google’s Big Earnings Takeaways: AI, Google Cloud Profit, Hiring
From Google Cloud turning a profit for the first time to Google’s hiring outlook in 2023 and bold artificial intelligent vision, CRN breaks down the six biggest takeaways from Google’s first quarter 2023 financial earnings report.
Google’s North Star: AI
As the battle for cloud AI supremacy continues between Google, Microsoft and Amazon Web Services, Sundar Pichai is confident in his company’s strategy. Google’s CEO highlighted several new innovations including its conversational AI service Bard, and PaLM API for developers.
“Our open approach to AI development, coupled with our industry-leading TPUs and best-in-class GPUs from NVIDIA, enable innovative companies to tackle any AI workload with speed and flexibility,” said Pichai. “We are the only cloud provider to announce availability of NVIDIA’s new L4 Tensor Core GPU with the launch of our G2 VMs, which are purpose-built for large inference AI workloads, such as generative AI.”
In March, Google introduced its Bard AI service and has since added its PaLM model to make it even more powerful. “Bard can now help people with programming and software development tasks, including code generation, lots more to come,” said Google’s CEO.
For developers, Google recently released its PaLM API alongside a new MakerSuite tool, which provides a simple way to access Google’s large language models and begin building new generative AI applications quickly.
“Our growth is also driven by our product leadership. We are bringing our generative AI advances to our cloud customers across our cloud portfolio,” said Pichai. “Our North Star is providing the most helpful answers for our users, and we see huge opportunities ahead, continuing our long track record of innovation.”
The Takeaway: Customers and partners should expect Google Cloud to launch new AI innovations at a rapid pace for the rest of the year as Google looks to win AI customer mindshare against Microsoft and AWS.