Google parent Alphabet enjoys profit rise as focus on AI ‘paying off’

Audience members gather at Made By Google for new product announcements at Google in Mountain View, California, in August (Juliana Yamada/AP)

Google is still thriving while the company navigates through a pivotal shift to artificial intelligence (AI) and battles regulators trying to topple its internet empire.

The latest evidence of Google’s prosperity emerged on Tuesday with the release of its corporate parent Alphabet’s results for the July-September period.