Chinese internet giant Tencent announced on Wednesday a 41 percent year-on-year jump in second-quarter net income, but missed analyst forecasts for revenue.And on a quarter-to-quarter basis, Tencent's latest quarterly net income figure represents an increase of just 1 percent.
artificial intelligence to its apps, including its search engine. the internet giant is aiming to counter microsoft s introduction of al to its own services. 0ur north america technology reporterjames clayton sent this update from california. this is google s big tech annual bread jamboree. it is google public opportunity to finish is artificial intelligence credentials and show off its latest products. since chatgpt was launched by open ai last year, it has been widely regarded that google were caught on the hop, they didn t realise it would be that successful, and since then, they have been playing catch up. this was an opportunity for google to show off its artificial intelligence. frankly, there were no big announcements here today. we did get were a series of announcements regarding ai, for example, its flagship chat but barred. that will be rolled out across 180 countries and territories and they have also
Alphabet, the parent company of Google, exceeded market expectations in Q1 with a net profit of $15 billion and nearly $70 billion in revenue. Despite laying off 12,000 staff, the search engine giant is regaining its footing and performing well in the technology sector.
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