Alphabet has posted advertising revenues of $32.6bn for Q4 2018. The figure accounted for 83% of the company's total earnings for the period of $39.27bn, which rose by 22% compared with the previous quarter and generated profits of $8.9bn. Google is also making a big push into artificial intelligence (AI), including its own self-driving car project, Project Wing.
Alphabet has posted advertising revenues of $32.6bn for Q4 2018. The figure accounted for 83% of the company's total earnings for the period of $39.27bn, which rose by 22% compared with the previous quarter and generated profits of $8.9bn. Alphabet is facing increased competition from Amazon in the advertising sector after the latter generated $10bn in ad revenues in 2018, a rise of 95% YoY.