The China Mail - Alphabet quarterly earnings lifted by cloud and AI

USD -
AED 3.6731
AFN 71.021929
ALL 86.757891
AMD 388.845938
ANG 1.80229
AOA 916.00013
ARS 1164.995901
AUD 1.563184
AWG 1.8025
AZN 1.695628
BAM 1.718274
BBD 2.002838
BDT 121.45998
BGN 1.719885
BHD 0.376949
BIF 2973.111879
BMD 1
BND 1.309923
BOB 6.907155
BRL 5.620603
BSD 0.999627
BTN 85.145488
BWP 13.647565
BYN 3.271381
BYR 19600
BZD 2.008021
CAD 1.384205
CDF 2877.999668
CHF 0.82343
CLF 0.024644
CLP 945.690094
CNY 7.2695
CNH 7.26779
COP 4197
CRC 505.357119
CUC 1
CUP 26.5
CVE 96.873243
CZK 21.912502
DJF 178.012449
DKK 6.56327
DOP 58.908545
DZD 132.536245
EGP 50.806099
ERN 15
ETB 133.81045
EUR 0.879204
FJD 2.290499
FKP 0.746656
GBP 0.746705
GEL 2.74497
GGP 0.746656
GHS 14.294876
GIP 0.746656
GMD 71.501438
GNF 8658.065706
GTQ 7.698728
GYD 209.76244
HKD 7.757825
HNL 25.941268
HRK 6.627056
HTG 130.799
HUF 355.493505
IDR 16711.5
ILS 3.62415
IMP 0.746656
INR 85.23945
IQD 1309.571398
IRR 42100.000327
ISK 128.449891
JEP 0.746656
JMD 158.35182
JOD 0.709197
JPY 142.383503
KES 129.196076
KGS 87.449716
KHR 4001.774662
KMF 432.24966
KPW 900.101764
KRW 1428.525013
KWD 0.30626
KYD 0.833044
KZT 511.344318
LAK 21622.072771
LBP 89567.707899
LKR 299.446072
LRD 199.931473
LSL 18.549157
LTL 2.95274
LVL 0.60489
LYD 5.468994
MAD 9.272737
MDL 17.203829
MGA 4511.41031
MKD 54.139301
MMK 2099.785163
MNT 3572.381038
MOP 7.98763
MRU 39.575655
MUR 45.198647
MVR 15.39652
MWK 1733.40069
MXN 19.5658
MYR 4.315499
MZN 64.009882
NAD 18.549157
NGN 1601.520135
NIO 36.785022
NOK 10.381755
NPR 136.237321
NZD 1.68704
OMR 0.385003
PAB 0.999613
PEN 3.664973
PGK 4.141482
PHP 55.902622
PKR 280.826287
PLN 3.752184
PYG 8005.376746
QAR 3.644223
RON 4.377995
RSD 102.966435
RUB 81.997213
RWF 1428.979332
SAR 3.751083
SBD 8.361298
SCR 14.223739
SDG 600.500677
SEK 9.64578
SGD 1.307315
SHP 0.785843
SLE 22.75026
SLL 20969.483762
SOS 571.328164
SRD 36.849852
STD 20697.981008
SVC 8.746876
SYP 13001.961096
SZL 18.542907
THB 33.415978
TJS 10.555936
TMT 3.51
TND 2.990231
TOP 2.342098
TRY 38.476596
TTD 6.782431
TWD 32.039744
TZS 2690.000086
UAH 41.530014
UGX 3663.550745
UYU 42.090559
UZS 12943.724275
VES 86.54811
VND 26005
VUV 121.306988
WST 2.770092
XAF 576.298184
XAG 0.030327
XAU 0.000302
XCD 2.70255
XDR 0.71673
XOF 576.29312
XPF 104.776254
YER 245.050464
ZAR 18.56875
ZMK 9001.189716
ZMW 27.965227
ZWL 321.999592
  • SCS

    0.1500

    10.01

    +1.5%

  • RBGPF

    -0.4500

    63

    -0.71%

  • BCC

    -0.8300

    94.5

    -0.88%

  • RYCEF

    -0.1300

    10.12

    -1.28%

  • NGG

    0.1900

    73.04

    +0.26%

  • CMSC

    -0.0800

    22.24

    -0.36%

  • RIO

    0.0100

    60.88

    +0.02%

  • GSK

    0.9100

    38.97

    +2.34%

  • BTI

    0.4700

    42.86

    +1.1%

  • BP

    -1.0600

    28.07

    -3.78%

  • JRI

    0.1300

    12.93

    +1.01%

  • CMSD

    -0.1300

    22.35

    -0.58%

  • RELX

    0.4300

    53.79

    +0.8%

  • BCE

    0.1100

    21.92

    +0.5%

  • VOD

    0.0100

    9.58

    +0.1%

  • AZN

    1.7800

    71.71

    +2.48%

Alphabet quarterly earnings lifted by cloud and AI
Alphabet quarterly earnings lifted by cloud and AI / Photo: © AFP

Alphabet quarterly earnings lifted by cloud and AI

Google parent Alphabet on Thursday reported profit of $34.5 billion in the recently ended quarter, powered by its cloud computing and artificial intelligence operations.

Text size:

Overall revenue at Alphabet grew 12 percent to $90.2 billion compared to the same period a year earlier, while revenue for the cloud unit grew 28 percent to $12.3 billion, according to the tech giant.

Alphabet chief executive Sundar Pichai said the strong quarterly results reflect healthy growth and momentum across the business.

"Underpinning this growth is our unique full stack approach to AI," Pichai said in an earnings release.

He touted the latest Gemini software as Alphabet's most intelligent AI model and an "extraordinary foundation" for the Silicon Valley company's innovation.

Alphabet shares were up more than three percent in after-market trades that followed release of the earnings figures.

"Cloud grew rapidly with significant demand for our solutions," Pichai said of Alphabet's services and tools hosted at data centers.

Investors have been watching closely to see whether the tech giant may be pouring too much money into artificial intelligence.

Google and rivals are spending billions of dollars on data centers and more for AI, while the rise of lower-cost model DeepSeek from China raises questions about how much needs to be spent.

- Antitrust battles -

Meanwhile the online ad business that churns out the cash Google invests in its future could be neutered due to a defeat in a US antitrust case.

US government attorneys are urging a federal judge to make Google spin off its Chrome browser, arguing artificial intelligence is poised to ramp up the company's online search dominance.

The Department of Justice (DOJ) is arguing its position before District Judge Amit Mehta, who is considering "remedies" after making a landmark decision last year that Google maintained an illegal monopoly in online search.

"Nothing less than the future of the internet is at stake here," Assistant Attorney General Gail Slater said prior to the start of the hearings this week in Washington.

"If Google's conduct is not remedied, it will control much of the internet for the next decade and not just in internet search, but in new technologies like artificial intelligence."

Google countered in the case that the United States has gone way beyond the scope of the suit by recommending a spinoff of its widely used Chrome, and holding open the option to force a sale of its Android mobile operating system.

The legal case focused on Google's agreements with partners such as Apple and Samsung to distribute its search tools, noted Google president of global affairs Kent Walker.

"The DOJ chose to push a radical interventionist agenda that would harm Americans and America's global technology leadership," Walker wrote in a blog post.

Google is also battling to protect Chrome after a different US judge ruled this month that it wielded monopoly power in the online ad technology market, in a legal blow that could rattle the tech giant's revenue engine.

The federal government and more than a dozen US states filed the antitrust suit against Google, accusing it of acting illegally to dominate major sectors of digital advertising.

District Court Judge Leonie Brinkema ruled that Google built an illegal monopoly over ad software and tools used by publishers.

"Google has willfully engaged in a series of anticompetitive acts to acquire and maintain monopoly power in the publisher ad server and ad exchange markets for open-web display advertising," Brinkema said in her ruling.

Online advertising is the driving engine of Google's fortune and pays for widely used online services like Maps, Gmail, and search offered free.

Combined, the courtroom defeats have the potential to leave Google split up and its influence curbed.

Google said it is appealing both rulings.

V.Liu--ThChM