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Alphabet Rises As AI Initiatives Begin To Pay Off In Q1
- Alphabet posted strong Q1 growth in profits and revenues, driven by AI investments.
- Despite the positive financial results, Alphabet is facing two possible breakup threats to its business.
- In Q1, Alphabet's net profit increased by 46% to $34.5bn, and revenues rose 12% to $90.2bn.
- Google Search, YouTube ads, Google Advertising, and subscriptions contributed to the revenue growth.
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