Whaddya gotta do to impress investors these days? Maybe convince them you're not overspending on AI?

Google’s parent Alphabet has achieved $100 billion in annual net income for the first time.

News of all those zeroes came in the mega-corp's fourth-quarter and full-year 2024 financial results, which recorded $96.5 billion in Q4 2024 revenue and $350 billion for the full year, representing year-on-year gains of 12 percent and 14 percent respectively.

CEO Sundar Pichai characterized the results [PDF] as "a strong quarter driven by our leadership in AI and momentum across the business."

...read more at theregister.com