{"id":13760,"date":"2024-10-31T09:53:51","date_gmt":"2024-10-31T09:53:51","guid":{"rendered":"https:\/\/imsfund.com\/?p=13760"},"modified":"2024-10-31T09:53:51","modified_gmt":"2024-10-31T09:53:51","slug":"google-recruits-ai-to-write-25-of-its-code-earnings-call","status":"publish","type":"post","link":"https:\/\/imsfund.com\/index.php\/2024\/10\/31\/google-recruits-ai-to-write-25-of-its-code-earnings-call\/","title":{"rendered":"Google Recruits AI to Write 25% of Its Code: Earnings Call"},"content":{"rendered":"


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Google software engineers<\/a> have a new coworker: AI.<\/p>\n

Google released its third quarter 2024 earnings on Tuesday and emphasized the role that AI plays within the company.<\/p>\n

“Today, more than a quarter of all new code at Google is generated by AI, then reviewed and accepted by engineers,” Google CEO Sundar Pichai stated on the earnings call<\/a>. “This helps our engineers do more and move faster.”<\/p>\n

Google has over 1,000 fewer employees<\/a> now than it did at the same time last year, for a current headcount of 181,269 employees compared to 182,381 in Q3 2023.<\/p>\n

\"\"Google CEO Sundar Pichai. Photo by Mateusz Wlodarczyk\/NurPhoto via Getty Images<\/i><\/sup><\/p>\n

Google’s AI impact extends to all corners of the globe. Pichai stated that AI overviews in search<\/a> will roll out to more than a hundred new countries<\/a> this week and will “now reach more than one billion users on a monthly basis.”<\/p>\n

Related:<\/b> New Google Report Reveals the Hidden Cost of AI<\/a><\/p>\n

Google Search revenue grew 12% year-over-year, hitting $49.39 billion in the third quarter of this year. Total revenue reached $88.27 billion, a 15% increase from the previous year’s $76.69 billion.<\/p>\n

“Search remained the largest contributor to revenue growth, followed by robust 35% growth in Cloud,” Google’s chief financial officer Anat Ashkenazi said on the earnings call. Google Cloud revenue was $11.35 billion in Q3 2024.<\/p>\n

Google also announced on the call that YouTube’s ad and subscription revenue for the past four quarters have topped $50 billion for the first time.<\/p>\n

Overall, “Q3 was another great quarter,” Pichai stated. Shares of Google’s parent company Alphabet were up over 5%<\/a> today at the time of writing.<\/p>\n

Related:<\/b> I Tried Making an AI-Hosted Podcast with Google’s NotebookLM. It Worked Surprisingly Well.<\/a><\/p>\n<\/p><\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Google software engineers have a new coworker: AI. Google released its third quarter 2024 earnings on Tuesday and emphasized the role that AI plays within the company. “Today, more than a quarter of all new code at Google is generated by AI, then reviewed and accepted by engineers,” Google CEO Sundar Pichai stated on the […]<\/p>\n","protected":false},"author":5,"featured_media":13761,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/assets.entrepreneur.com\/content\/3x2\/2000\/1730307924-Sundar-Pichai-GettyImages-1085999412.jpg?format=pjeg&auto=webp","fifu_image_alt":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-13760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/13760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/comments?post=13760"}],"version-history":[{"count":1,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/13760\/revisions"}],"predecessor-version":[{"id":13762,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/posts\/13760\/revisions\/13762"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media\/13761"}],"wp:attachment":[{"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/media?parent=13760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/categories?post=13760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/imsfund.com\/index.php\/wp-json\/wp\/v2\/tags?post=13760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}