Core Insights - Google CEO Sundar Pichai expressed curiosity about the company's decision not to acquire Netflix, indicating that the topic was intensely debated within the company [1][2] - Despite the discussions, Pichai clarified that the decision against the acquisition is not viewed as a regret [2] - Google has a history of successful acquisitions, but Netflix remains one of the most notable companies that was considered for purchase [4] Company Strategy and Performance - Since its global expansion in 2016, Netflix has become a leader in the entertainment industry, surpassing 300 million subscribers [3] - Google has ventured into the television market with Google TV and YouTube TV but has not fully penetrated the traditional streaming market like Netflix [3] - Google has made several high-profile acquisitions that have become integral to its product offerings, including Waze, Nest, and YouTube [4] Research and Development - Pichai highlighted Google's commitment to pushing technological boundaries, noting the company's involvement in Nobel Prize-winning research [5][6] - In 2024, Google DeepMind's leadership won the Nobel Prize in Chemistry for developing AlphaFold, an AI system for predicting protein structures [6] - Google Research has invested in various projects that have led to practical applications, such as wildfire detection and flood forecasting technologies [6][7]
Sundar Pichai said Google thought 'intensely' about scooping up Netflix — but stopped short of calling the decision a regret