At Google I/O this month, we should learn a lot about a wide range of new smart glasses coming from companies other than Meta.
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Alphabet is exceptionally positioned to benefit from AI, regardless of which models or platforms ultimately lead the industry. GOOG holds valuable stakes in AI leaders like Anthropic and SpaceX/xAI, while its TPUs are gaining traction as top inference chips among major tech players. Waymo's expansion and Alphabet's vast proprietary data offer additional monetization and competitive advantages as AI integration accelerates.
Alphabet delivered blockbuster earnings, with revenue up 22% YoY and income from operations up 30%, justifying continued outperformance. GOOGL's AI leadership is evident: Gemini adoption is surging, Waymo is scaling rapidly, and cloud revenue grew 63% YoY with a $460B+ backlog. Despite a sub-30 P/E and robust growth, Alphabet is guiding for $185B in 2026 capex, risking FCF neutrality or negative FCF through 2027.
GOOGL's Q1 profit jumped 82% as AI-driven Cloud revenue surged 63%, boosting margins and fueling aggressive capex plans.
EU regulators are giving Alphabet's Google a little bit more time to sooth their concerns after a previous proposal from the company fell short, the European Commission said on Friday.
Agentic AI tool OpenClaw went viral earlier this year, with a number of Big Tech companies ramping up efforts to build similar products. In the past week, reports indicate that both Meta and Google are working on AI agents.
Google faces a fresh UK lawsuit accusing it of abusing its dominance in online display advertising, the claimants announced Thursday, in the latest antitrust action against the US tech giant.
Google is piloting a new interview process where software engineering candidates use AI in interviews. It's part of a bigger overhaul of Google's interview process.
Alongside taking the wraps off the new Fitbit Air, a Whoop-esque fitness band, Google on Thursday also said it is rebranding its Fitbit app as Google Health and launching an AI-powered health coach as a subscription service.
Google on Thursday unveiled its new Fitbit Air, a Whoop-like screenless wearable that retails for $100. The device includes health and fitness tracking features like 24/7 heart rate monitoring, heart rhythm monitoring with AFib (atrial fibrillation) alerts, blood oxygen level, resting heart rate, heart rate variability, sleep stages and duration, and more.
Alphabet (NASDAQ:GOOG | GOOG Price Prediction) reported Q1 FY2026 net income of $62.58 billion on April 29, 2026 via 8-K filing.