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Android Central
Android Central
Technology
Derrek Lee

Alphabet reports $69.8B in revenue amid mass layoffs and increased AI focus

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Alphabet Results Numbers

What you need to know

  • Alphabet reports its financial earnings for the first quarter of 2023
  • The company earned 68.9 billion in revenue, an increase of 3% compared to the same period last year.
  • Major layoffs at the beginning of the year lead to roughly 12,000 job cuts.
  • Google has recently announced an increased focus on AI as it merges its two major AI teams.
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