Alphabet's $112 Billion Quarterly Profit Looked Like an AI and Search Victory, but SpaceX and Anthropic Actually Powered the Historic Windfall
Alphabet's record profit driven by investments in SpaceX and Anthropic, but rising AI spending concerns investors.
Alphabet made a huge profit, but most of it came from bets on other companies like SpaceX and Anthropic, not from their own AI business. This is important because it shows where their real money is coming from, even as they spend heavily on AI tools.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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