Google's corporate parent posts first-ever quarter with $100B in revenue in latest show of its power
Update: 2025-10-30
Description
Alphabet, Google's parent company, hits a major milestone with over $100 billion in quarterly revenue, driven by strong search business performance and AI investments. Despite legal challenges and competition from AI-powered browsers, Google's search and Chrome browser continue to dominate, with Gemini app users surpassing 650 million. Alphabet plans to invest heavily in AI, spending up to $93 billion this year, while its core advertising business remains profitable, generating over $74 billion in the last quarter. The Cloud business also shows growth, with a 34% increase in revenue compared to last year.
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