Google reports strong growth driven by AI, Cloud

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Google’s parent company Alphabet reported robust third-quarter results on Tuesday, with revenue climbing 15 percent year-over-year to $88.3 billion, powered by strong performance from its crucial advertising business and impressive growth in cloud services.

“The momentum across the company is extraordinary,” said CEO Sundar Pichai. “Our commitment to innovation, as well as our long-term focus and investment in AI, are paying off with consumers and partners benefiting from our AI tools,” he added, referring to artificial intelligence.

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