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Google force artificial intelligence, pre build Android AI world
Google force artificial intelligence, pre build Android AI world
Google, which has a market capitalization of $643 billion 200 million, is far from cold, and it is only the first step in replacing the whole blood circulation system with AI, the company's next hope to become the master of the AI universal world
Before Apple founder Jobs died in 2011, he advised Larry Paige, 38, that Google wanted to do too much. Page retorted: "you didn't do enough.". If we were just doing what we were doing before trying something new, I would have a sense of guilt."
Google brain (Google Brain) head of the total, Google growth process key person Jeff Dean in this year to accept the "finance" reporter interview confirmed this statement. He said, Google's exploration of the future is thorough, comprehensive, "every brick, we have to open to see."".
While other companies are chasing hot spots, Google's goal is to eliminate blind spots.
Still, page admits that Jobs is right from one point of view: he can manage so much business, and too many things will go wrong in the process.
In order to support Google's market value is close to $650 billion behemoth continue to run fast, try to avoid wrestling, August 2015, Paige announced the establishment of a company called "Alphabet" holding company, Alphabet became Google's parent company, the original "Google" company is only responsible for the search business, Android, YouTube and several other business.
In parallel with Google, there are also a series of small, wholly-owned companies that are independent of the line of business. These companies are at the forefront of their business and are very innovative, and the most famous is driverless.
The restructuring went on for two years. In September, a document submitted by Google to the U.S. regulator showed that Alphabet created a holding company called XXVI Holdings, bringing Alphabet and all its companies into it. In addition, Google itself will become a limited liability company, Alphabet believes that this is more suitable for its identity as a subsidiary.
Google officials said the move showed that the restructuring they had begun in 2015 was finally completed.
The goal of the reorganization is to reduce the burden and vitality of the behemoths. Paige announced a reorganization decision when he said, beware of Google into a company with the conservative, too observant of conventional standards. "You need to let yourself be a bit restless to keep up with the industry."
Alphabet has a unique meaning. Alpha said a portfolio relative to the performance advantages of the market index in a given period of time, bet to bet, even up to explain is the establishment of the new company and organization adjustment, is active a return higher than the market place.
The chips in Google's hand are AI. Over the past two years, Google has simultaneously adjusted its technology and business strategy, turning from the "Mobile First" strategy to "AI First"".
Jeff Dean told the finance reporter, AI for Google, not a business, nor is it a goal, but to reshape the ecosystem of Google's blood circulation system, Google's every product business will be based on AI.
He believes that in the future, Google will still be able to maintain a high growth company, it depends on two points: one is that Google has the most outstanding talent in the world; the two is to continue to create the world by more than one billion of the population using the product.
Go to the battle-front without any burden
When a company dominates the entire market, it must start looking for new growth points. The reorganization of Google for three years is also based on this
In August 10, 2015, Google announced its restructuring as Alphabet and adopted a new operating framework; in October 2nd of the same year, Google announced that, from the fourth quarter of 2015, Alphabet's earnings were divided into two parts, Google and other businesses.
Special business structure is Alphabet, the holding company was born on the basis of Google, from the two quarter of 2015 began to change the framework so far, Google accounted for Alphabet overall revenue in bulk, accounted remain above 99% (in addition to the fourth quarter of 2016 this figure was 98.995%). Tied with Google is the "Crazy" innovation business.
Google's business revenue is divided into three parts -- advertising revenue generated by Google, advertising revenue from Google partners, and other revenue. 2017 two quarter earnings data show that the corresponding share of three, 16.49%, 71.52%, 11.99%. In other words, advertising revenue accounted for nearly 88% of the entire Google revenue.
That's why the outside world has been criticizing Google as "actually an advertising company".
After the announcement, Google's market value soared by $25 billion, and the overall financial situation of Alphabet was healthy, especially in terms of revenue. Revenue reached $26 billion in the two quarter of 2017, an increase of 21% over the same period last year, a figure that is better than Wall Street's optimistic estimate of $25 billion 600 million.
Some of the long-term tracking Alphabet market performance of investors and analysts say that Alphabet is already a huge volume of the super elephant, but was able to maintain two digit revenue growth, maintain the running state, really terrible.
From a capital point of view, the benefits of setting up Alphabet are obvious. Earlier, analysts using the traditional valuation methods of large company Google, according to the overall revenue, profit, growth and earnings per share to calculate the valuation, this way is quite disadvantageous to the stage of the Google business innovation investment layout. In the early days, these businesses not only can not bring revenue to Google, but also bring huge costs, diluted profits.
The currently independent subsidiaries include Calico, a subsidiary of research on how to extend human life; high speed optical fiber networks Access & Energy; smart health company Life Science; 2014
Before Apple founder Jobs died in 2011, he advised Larry Paige, 38, that Google wanted to do too much. Page retorted: "you didn't do enough.". If we were just doing what we were doing before trying something new, I would have a sense of guilt."
Google brain (Google Brain) head of the total, Google growth process key person Jeff Dean in this year to accept the "finance" reporter interview confirmed this statement. He said, Google's exploration of the future is thorough, comprehensive, "every brick, we have to open to see."".
While other companies are chasing hot spots, Google's goal is to eliminate blind spots.
Still, page admits that Jobs is right from one point of view: he can manage so much business, and too many things will go wrong in the process.
In order to support Google's market value is close to $650 billion behemoth continue to run fast, try to avoid wrestling, August 2015, Paige announced the establishment of a company called "Alphabet" holding company, Alphabet became Google's parent company, the original "Google" company is only responsible for the search business, Android, YouTube and several other business.
In parallel with Google, there are also a series of small, wholly-owned companies that are independent of the line of business. These companies are at the forefront of their business and are very innovative, and the most famous is driverless.
The restructuring went on for two years. In September, a document submitted by Google to the U.S. regulator showed that Alphabet created a holding company called XXVI Holdings, bringing Alphabet and all its companies into it. In addition, Google itself will become a limited liability company, Alphabet believes that this is more suitable for its identity as a subsidiary.
Google officials said the move showed that the restructuring they had begun in 2015 was finally completed.
The goal of the reorganization is to reduce the burden and vitality of the behemoths. Paige announced a reorganization decision when he said, beware of Google into a company with the conservative, too observant of conventional standards. "You need to let yourself be a bit restless to keep up with the industry."
Alphabet has a unique meaning. Alpha said a portfolio relative to the performance advantages of the market index in a given period of time, bet to bet, even up to explain is the establishment of the new company and organization adjustment, is active a return higher than the market place.
The chips in Google's hand are AI. Over the past two years, Google has simultaneously adjusted its technology and business strategy, turning from the "Mobile First" strategy to "AI First"".
Jeff Dean told the finance reporter, AI for Google, not a business, nor is it a goal, but to reshape the ecosystem of Google's blood circulation system, Google's every product business will be based on AI.
He believes that in the future, Google will still be able to maintain a high growth company, it depends on two points: one is that Google has the most outstanding talent in the world; the two is to continue to create the world by more than one billion of the population using the product.
Go to the battle-front without any burden
When a company dominates the entire market, it must start looking for new growth points. The reorganization of Google for three years is also based on this
In August 10, 2015, Google announced its restructuring as Alphabet and adopted a new operating framework; in October 2nd of the same year, Google announced that, from the fourth quarter of 2015, Alphabet's earnings were divided into two parts, Google and other businesses.
Special business structure is Alphabet, the holding company was born on the basis of Google, from the two quarter of 2015 began to change the framework so far, Google accounted for Alphabet overall revenue in bulk, accounted remain above 99% (in addition to the fourth quarter of 2016 this figure was 98.995%). Tied with Google is the "Crazy" innovation business.
Google's business revenue is divided into three parts -- advertising revenue generated by Google, advertising revenue from Google partners, and other revenue. 2017 two quarter earnings data show that the corresponding share of three, 16.49%, 71.52%, 11.99%. In other words, advertising revenue accounted for nearly 88% of the entire Google revenue.
That's why the outside world has been criticizing Google as "actually an advertising company".
After the announcement, Google's market value soared by $25 billion, and the overall financial situation of Alphabet was healthy, especially in terms of revenue. Revenue reached $26 billion in the two quarter of 2017, an increase of 21% over the same period last year, a figure that is better than Wall Street's optimistic estimate of $25 billion 600 million.
Some of the long-term tracking Alphabet market performance of investors and analysts say that Alphabet is already a huge volume of the super elephant, but was able to maintain two digit revenue growth, maintain the running state, really terrible.
From a capital point of view, the benefits of setting up Alphabet are obvious. Earlier, analysts using the traditional valuation methods of large company Google, according to the overall revenue, profit, growth and earnings per share to calculate the valuation, this way is quite disadvantageous to the stage of the Google business innovation investment layout. In the early days, these businesses not only can not bring revenue to Google, but also bring huge costs, diluted profits.
The currently independent subsidiaries include Calico, a subsidiary of research on how to extend human life; high speed optical fiber networks Access & Energy; smart health company Life Science; 2014