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Alphabet's AI Bet Pays Off | US News
Alphabet just shattered expectations with a $99 billion equity surge fueled by big bets on Anthropic and SpaceX, while core revenue hit $119.8 billion—surpassing forecasts. Google Cloud soared 82% to $24.8 billion, and search revenue climbed 17%, proving AI chatbots aren’t killing traditional search. Capital spending doubled to $44.9 billion this quarter, with a full-year forecast of $187 billion to scale AI infrastructure. New affordable Gemini models—including one targeting AI-driven cyber threats—show innovation is accelerating, even as Waymo and Verily edge forward. Listen in comfort:Get…
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