Google CEO Sudar Pichai stated that the ongoing company’s Google One cloud storage service is ” just about to cross” 100 million subscribers.
Speaking during Alphabet’s Q4 2023 call that is earning Pichai included that the business is wanting to add even more AI-powered functions into the Bing One solution. The search giant initially established Bing one out of 2018. Since that time the item has actually developed and has now additional benefits Google that is including Photos features such as magic eraser, portrait light and portrait blur, color pop, and sky suggestion.
Google One Plans start from $1.99 per month, which gives you 100GB of storage shareable with five people and access to its VPN service in the U.S.
Pichai noted that Google’s subscription that is overall — including YouTube Premium and musical, YouTube television, and Bing One — is on an upward trajectory and has now entered $15 billion in yearly profits. The organization stated that that is a jump that is 5x compared to 2019. It also added that because of the subscription that is strong, the “Subscriptions, systems and products” vertical has actually signed up a 23% development year-on-year.
Google last-mentioned that YouTube’s paid plans had 80 million in 2022 november. But there hasn’t been another update since then. The company mentioned that YouTube Shorts are watched by 2 billion signed-in users every month and 7 billion plays that are daily the exact same numbers as mentioned in Google’s Q3 2023 outcomes.
Earlier this thirty days, Bing let go almost 1,000 staff members in divisions hardware that is including engineering, and services and 100 employees from YouTube. Later, Pichai sent an internal memo to the staff saying there will be more job cuts this year.
Notably, in its earnings release, Google mentioned it reported in the Q3 earnings release that it had 182,502 employees, slightly more than the 182,381 employees. Nonetheless, the true number is significantly lower than the 190,234 employees it had at the end of 2022.
Google’s $65.5 billion ad revenue fell short of analyst expectations of $65.8 billion despite a increase that is year-on-year of%. The organization’s stocks dipped by 4% this is why skip.