2023-12-21 10:28:40.AIbase.4.4k
Google's Parent Company Hits New Highs Amid AI-Driven Advertising Reforms
Google plans significant reforms to its advertising platform, leading to a rise in stock prices as the company increases its reliance on AI-generated advertisements. AI-driven sales have higher profit margins. Google is considering restructuring its advertising sales team and may implement layoffs. As of September, YouTube's advertising sales have grown by 12.4%.
