The Google co-founders, Larry Page and Sergey Brin, have recently seen a considerable boost in their wealth due to the firm's drive into artificial intelligence (AI).The two increased their combined wealth by more than $18 billion in the week that followed the company's release of a redesigned search engine. Page's net worth jumped by $9.4 billion to $106.9 billion, while Brin's increased by $8.9 billion to $102.1 billion, according to the Bloomberg Billionaires Index. Their weekly gain is at its highest level since February 2021.
Google announced that it would begin experimenting with a more conversational search engine and has made its AI-powered chatbot available more broadly at its annual developer conference. This move is helping the company to assert dominance in an increasingly competitive field. The parent company, Alphabet Inc., saw shares rise almost 1 per cent in New York on Friday after surging 8.6 per cent in the two days through Thursday.