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Alphabet’s Q3 revenue surges 15%, boosted by AI, YouTube
Alphabet Inc. announced a 15% increase in its consolidated revenues for the third quarter of 2024, totaling US$88.3 billion.
Revenue growth at constant currency slightly surpassed this rate at 16%.
Revenue from Google Services rose by 13% to US$76.5 billion. This growth was driven by search services, subscriptions, platforms, devices, and YouTube advertisements.
CEO Sundar Pichai attributed success to the expansion of AI-related products in search and cloud operations.
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