Alphabet Quadruples Profit to $112 Billion, Fueled by A.I. Investments

kept by eddie jul 23

Alphabet reported a profit of $112 billion, four times higher, driven by AI spending and strong cloud growth across its businesses.

The Google Capital Company – Stratechery by Ben Thompson
Google raises $80B in equity, including $10B from Berkshire Hathaway, to fund AI capex, signaling demand vastly exceeds expectations and capital is becoming a commodity.
also on Alphabet, #cloud-computing, #business-strategy, #ai
DSHR's Blog: Mind The GAAP Again
Hyperscalers and pure-play AI companies face a severe accounting mismatch between straight-line depreciation of GPUs and their rapidly declining value, potentially hiding hundreds of billions in future charges.
also on Alphabet, #cloud-computing, #business-strategy, #ai