$Alphabet(GOOG)$
Alphabet had a strong quarter, with AI investments driving growth across multiple areas.
Key numbers:
- Revenue grew 24% YoY.
- Google Cloud accelerated to 82% growth.
- The Gemini app reached 950M monthly active users.
- Model APIs are now processing 22B tokens/min, up from over 16B last quarter.
- Gemini Enterprise adoption continues to expand and is now used by 90% of the Fortune 100.
The takeaway is that AI demand is shifting from experimentation into real enterprise adoption. Strong Cloud growth, expanding AI usage, and rising demand for security solutions all support the long-term thesis for AI infrastructure.
Looking ahead, the focus will be on the earnings call for details on CapEx plans, data center expansion, AI monetization, and how Alphabet expects to scale this momentum.
AI is becoming a major growth engine now, not just a future opportunity.
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