{
Anat Ashkenazi

People

}
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google increases ai code generation amid cost-cutting and workforce restructuring

At a recent all-hands meeting, Google executives faced employee concerns over impending cost cuts, following comments from CFO Anat Ashkenazi about further efficiencies. While the company reported strong earnings, executives acknowledged a shift in hiring practices and the potential for more layoffs, emphasizing the need for increased productivity through AI. CEO Sundar Pichai reassured employees that decisions regarding workforce changes are not solely made at the top level and highlighted the importance of investing in talent.
CNBC
United States Dollar Google Inc. Amazon.com, Inc. Dropbox, Inc. USA Reggie Miller Sundar Pichai Brian Ong Anat Ashkenazi Jeff Dean Show more
Technology & Innovation, Transcript
13:00 01.11.2024

amazon ceo assures investors on ai investments amid rising capital expenditures

Amazon CEO Andy Jassy reassured investors about the company's significant investments in generative AI, which drove an 81% increase in capital expenditures to $22.6 billion in the last quarter. He emphasized the potential for high returns, citing the rapid growth of AWS and the expected $75 billion capex in 2024, fueled by demand for AI infrastructure. Jassy noted that generative AI has already become a multi-billion-dollar revenue stream within AWS, growing at a rate three times faster than AWS's initial growth.
CNBC
United States Dollar Microsoft Corporation Alphabet Inc. Amazon.com, Inc. Meta Platforms, Inc. USA Mark Zuckerberg Andy Jassy Jim Cramer Anat Ashkenazi Show more
Technology & Innovation, Transcript
01:05 01.11.2024

google's new cfo emphasizes cost efficiencies and investment in cloud technology

Anat Ashkenazi, Google's new CFO, emphasized her commitment to enhancing cost efficiencies during her earnings call debut, following strong third-quarter results. She plans to explore further efficiencies across the organization while maintaining investments in cloud and AI infrastructure, anticipating higher capital expenditures in 2025. Ashkenazi highlighted that recent earnings benefited from headcount and facilities management, with AI integration expected to drive additional efficiencies.
CNBC
United States Dollar Alphabet Inc. Amazon.com, Inc. Eli Lilly and Company Aqua Metals, Inc. TikTok OpenAI USA Ruth Porat Anat Ashkenazi Sundar Pichai Mark Mahaney Show more
Finance & Economy, Transcript
01:13 30.10.2024

Alphabet reports strong cloud growth and ad sales amid AI investments

Alphabet reported a 35% surge in its cloud business and a 10% increase in digital ad sales, driven by election-related spending on YouTube. Despite strong earnings of $2.12 per share, analysts predict a decline in Google's ad market share as competition intensifies, particularly from Amazon and TikTok. Total revenue rose 15% to $88.27 billion, surpassing expectations.
SWI swissinfo.ch
United States Dollar Snap Inc. Alphabet Inc. Amazon.com, Inc. Microsoft Corporation USA Deborah Mary Sophia Kenrick Cai Matt Britzman Philipp Schindler Anat Ashkenazi Show more
Technology & Innovation, Market Report
00:06 30.10.2024
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