Mobile ads drive revenue growth at Google’s parent company Alphabet

Revenue from advertisements that Google offers via mobile search has strongly contributed to a revenue growth for parent company Alphabet. Google director Sundar Pichai focused on artificial intelligence during the discussion of the quarterly figures.

Alphabet would not say exactly how much revenue from search via mobile grew, but the company did report that it was the biggest factor in the growth of revenue in recent months. Turnover rose 17 percent to more than twenty billion dollars, operating income rose 20 percent to 5.35 billion dollars, currently approximately 4.7 billion euros.

Mobile search is also central to the European Commission’s indictment of Google, which the search giant suspects of illegally coaxing manufacturers and carriers to set Google as the default search engine on hardware running Android.

Google CEO Sundar Pichai said the company is focusing on artificial intelligence and machine learning as growth markets of the future. “We’ve been investing in machine learning and artificial intelligence for years, but I think we’re at an exceptionally interesting tipping point where these technologies are really breaking through. And you can apply that to businesses too, and we see that as something that sets us apart from others. “

Pichai sees in artificial intelligence something that can help with everyday tasks as well as bigger things like ‘climate change and cancer diagnosis’. He didn’t elaborate on exactly how he envisioned that future.

The revenue growth also came from Google’s share of sales of apps, music, movies and books on Google Play and from advertising on YouTube. Alphabet did not provide any numbers on the number of subscribers to the YouTube Red payment service, but said it was “received positively.”