Google has made nearly $85 billion in recent months thanks to surging revenue from its search and cloud-computing businesses, with search alone bringing in $48.5 billion, according to its parent company Alphabet's second-quarter earnings report released on Tuesday. Meanwhile, Google's cloud division hit the $10 billion mark for the first time, with operating profit of $1 billion. Google CEO Sundar Pichai said at a press conference on Tuesday that its generative AI solutions for cloud customers "have already generated billions of dollars in revenue and are used by more than 2 million developers."

"We are innovating at every level of AI," Pichai said in a letter to investors. "Our long dual infrastructure and internal research groups positions us well, because technology is developing and when we use many opportunities to come." Earlier this month, Google, reported, weighed the purchase of the start-up assistant for $ 23 billion to help support her cloud safety portfolio, but Wiz rejected the agreement to go from the Before with the original public offer, reports CNBC.

After a market capitalization of $ 2 billions appeared in April, Google began to deploy opinions on AI in research based on its large language model (LLM), Gemini. But users quickly discovered that the tool gave strange answers to certain queries, forcing Google to remove them manually. However, Pichai claims that AI evaluations have led to "increased use of search and increased user satisfaction with the results."

Google also announced this week that it was abandoning its long-delayed plan to phase out third-party cookies by default, something Safari and Firefox already do. Instead, Google Chrome asks users to "make informed choices that apply as you browse the web." On the Google conference call, Pichai said he believes "user choice is the best way forward," adding that the company will continue to "invest in privacy-enhancing technologies" while taking "comments from ecosystem stakeholders" into account.

Alphabet is also seeing growth in other areas. Google's advertising business reached $64.6 billion, with YouTube advertising up 13% year over year to $8.6 billion. The division, which includes subscriptions, platforms, and devices, generated $9.3 billion in revenue. Google's business will get another big boost when it launches the already-announced Pixel 9 and Pixel 9 Pro Fold following its earlier-than-usual hardware event in August.