https://wccftech.com/alphabet-incs-strong-23-revenue-growth-offset-by-high-costs/

This never-before-disclosed team at X is now part of Chronicle  - Alphabet’s newest company.

At its earnings call today, AI turned out to be the focus of Alphabet Inc’s presentation. The company believes that all of its products will use Artificial Intelligence to improve user experience and bring smaller companies forward in its advertising. Alphabet Inc (NASDAQ:GOOG) reports Revenue of $136 Billion for the Fiscal Year 2018 which is up by 23% Year-over-Year. The company’s Revenues also grew YoY for the fourth quarter, standing at $39 Billion after a 22% growth. However, as expected, the group’s operating costs also grew, and as a result, its margins declined.