Alphabet (NASDAQ: GOOG, GOOGL) Makes The Case For Its AI Products At Google I/O Event

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) expounded on its model to productize and monetize artificial intelligence and machine learning at last week’s Google I/O Conference ━ and effectively won over Deutsche Bank analyst Lloyd Walmsley.

“Given Google’s long standing expertise here from core search, we see the company poised to innovate more rapidly on consumer product[s] with a stronger relative competitive position,” Walmsley wrote in a Monday note.

Mobile Boosts

He was particularly impressed by the company’s accelerated mobile pages ad product, which eliminates the need for web-hosting services by enabling content hosting on its search results page. The AMP model promotes video and carousel ads with lower launch times and accommodates Moat analytics.

“Though only a limited percentage of Google ads thus far,…

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