30.03.2023
5459

Alphabet

Yuliia Zablotska
Author at ApiX-Drive
Reading time: ~2 min

Alphabet Inc. is a multinational technology conglomerate founded in 2015 as the parent company of Google and its many subsidiaries. Headquartered in Mountain View, California, Alphabet was created through a corporate restructuring that aimed to improve transparency and governance in Google's various business units.

Co-founded by Larry Page and Sergey Brin, Alphabet encompasses a wide range of businesses, including search, advertising, mobile, artificial intelligence, and cloud computing. In addition to Google, Alphabet's other notable subsidiaries include Waymo, Calico, DeepMind, and Google Fiber. Each subsidiary operates independently, with its own management and strategic direction.

Alphabet's most well-known and profitable subsidiary, Google, continues to dominate the global search market and generates the majority of the conglomerate's revenue through advertising. The company also invests heavily in research and development, constantly exploring new technologies and innovations.

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As a global leader in the technology industry, Alphabet is committed to ethical business practices and corporate social responsibility. The company has made significant investments in renewable energy and has committed to becoming carbon neutral by 2030.

In conclusion, Alphabet Inc. is a powerful technology conglomerate that houses some of the world's most innovative companies. With a strong focus on research and development, Alphabet continues to shape the future of technology and improve the lives of millions around the globe.

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