Google believes Artificial Intelligence is the key to growth Latest News & Updates at Daily News & Analysis

Internet giant Google has asserted that its Artificial Intelligence(AI) and cloud computing is the most lucrative and promising businesses in the tech industry. That AI type of service-based business is fast becoming the new way to reap profits in the tech industry, the California-based tech giant said. "We've always been doing cloud, it's just that we've been consuming it all internally at Google. But as we have grown, really matured in how we handle our data center investments and how we can do this at scale, we have definitely crossed over to the other side to where we can thoughtfully serve external customers," Google CEO Sundar Pichai said. "We have been investing in machine learning and AI for years, but I think we're at an exceptionally interesting tipping point where these technologies are really taking off. That is very, very applicable to businesses as well. So thoughtfully doing that externally we view as a big differentiator we have over others," Pichai added.