> Google (pre-Alphabet renaming) was the AI company before AI companies were called that.
I disagree. They're an advertising/attention company.
The jury's still out on whether their AI offerings will compliment their existing business or will cannibalize it. And in the case that it cannibalizes the advertising business, will they undermine/kneecap it to protect that cash cow?
It's been a while since they've been the "don't be evil" and "organizing the world's information"-mission Google.
A company can be multiple things. Just like Apple is a Phone, Tablet, & General Computing Company
Agreed, but there's no denying that selling advertising is Google/Alphabet's primary business. And it's not even close.
Its the majority of their revenue, but the share is shrinking
Revenue attributable to advertising:
Q1: 74.1%
Q2: 74.0%
Q3: 72.5%