Google's parent company Alphabet saw a slight slowdown in growth in the fourth quarter of last year, while the performance of the cloud technology service fell short of expectations, amid a reconsideration of investments in artificial intelligence.
The U.S. company generated $96.5 billion in revenue between October and December, up 12 percent year-on-year, including about $12 billion from cloud technology.
Google Cloud's operating profit, a key indicator of profitability, doubled to $2.1 billion in the fourth quarter. However, despite the booming sector, its growth has slowed.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
