Alphabet Chief Investment Officer: Google's biggest bet is to introduce artificial intelligence into search. Alphabet President and Chief Investment Officer Ruth Porat said on Tuesday that applying artificial intelligence to the search business that makes Google a household name remains the company's biggest bet. The majority of Alphabet's annual revenue of over $300 billion comes from search related advertising. When asked if Alphabet's investment costs in artificial intelligence will follow the industry's high trend, Porat said that this technology represents a "generational opportunity". The company is expected to invest $50 billion in chips, data centers, and other capital expenditures by 2024. But Alphabet will place bets based on the results. She added, "We need to get rewards