Alphabet Class C sees record Q2 results and AI momentum
Alphabet posted record Q2 results with $119.8B revenue and $112.1B net, driven by Google Cloud and Gemini/TPU AI partnerships, including a pact with Anthropic, plus Waymo launches; the update also notes a court-ordered antitrust remedies and analysts lifting targets amid major AI investment.
Alphabet Inc. 1B. The company said growth was driven by Google Cloud, Gemini and TPU AI partnerships, including a pact with Anthropic, as well as Waymo launches. The update also came as a court ordered antitrust remedies, while analysts raised targets amid large AI investments.