55% of Google's Revenue Comes from Search

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Adi Ahdiat 20/02/2024 14:34 WIB

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In the fourth quarter of 2023, approximately 55.6% of Google's parent company revenue came from Google Search.

Google Parent Company Revenue Composition (Q4 2023)

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Google Parent Company Revenue Composition (Q4 2023)

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Google's parent company, Alphabet, achieved revenue of US$86.31 billion in Q4 2023, a 13% year-on-year increase.

"We ended 2023 with very strong fourth-quarter financial results," said Alphabet CFO Ruth Porat in the financial report.

In Q4 2023, Alphabet's revenue primarily stemmed from Google Search (55.6%).

Other revenue sources included Google platform subscriptions (12.5%), YouTube ads (10.7%), Google Cloud (10.6%), Google Network (9.6%), and others (1%).

"We are pleased with the continued strength of Google Search, as well as the growing contributions from YouTube and Google Cloud," said Alphabet CEO Sundar Pichai.

He also stated that Alphabet will continue to strengthen its services, supported by investment and artificial intelligence (AI) innovation.

Currently, Google's parent company is developing an AI named "Gemini."

According to its official statement, Gemini can read, filter, understand information, and extract insights from hundreds of thousands of documents quickly.

"Gemini can generalize, understand fluently, and combine various types of information including text, code, audio, images, and video," the Google team stated in the report *Introducing Gemini: our largest and most capable AI model* (December 6, 2023).

They also stated that they have developed Gemini Ultra, an AI model that surpasses human experts in massive language understanding and combines 57 fields of knowledge, including mathematics, physics, history, law, medicine, ethics, and problem-solving capabilities.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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