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In today’s episode of The Insight Algorithm, we break down Alphabet’s record-breaking Q3 2024 ad revenue, which soared to over $65 billion—a 10% increase from last year. This impressive growth is driven by the company’s innovative approach, particularly in AI advancements like the Gemini model, which has enhanced both cost-efficiency and user experience. We’ll also discuss Alphabet’s rising search revenue and its diversified portfolio, including Google Maps, YouTube, and Waymo, which bolsters its market position and future outlook.
By Tyler MarionIn today’s episode of The Insight Algorithm, we break down Alphabet’s record-breaking Q3 2024 ad revenue, which soared to over $65 billion—a 10% increase from last year. This impressive growth is driven by the company’s innovative approach, particularly in AI advancements like the Gemini model, which has enhanced both cost-efficiency and user experience. We’ll also discuss Alphabet’s rising search revenue and its diversified portfolio, including Google Maps, YouTube, and Waymo, which bolsters its market position and future outlook.