Google took back the AI crown during its I/O developer conference, but its reign could be short-lived.
On Tuesday, Alibaba Group Holding Limited (NYSE: BABA) reported its net profit took quite a dive during the fiscal fourth quarter, after already having a hard time throughout 2023 as it underwent its largest-ever corporate restructuring. Fourth Fiscal Quarter Highlights For the quarter ended on March 31st, Alibaba posted revenue grew 7% YoY to 221.9 billion yuan, which amounts $30.7 billion, as it boosted domestic e-commerce sales. But, Alibaba reported its net income attributable to ordinary sh
Google parent Alphabet was in the spotlight after its developer conference on Tuesday, where it promised a raft of new artificial-intelligence features across its services.