Google Signs Pentagon AI Deal
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OpenAI has double the reason to be afraid of the Wednesday earnings report because it was Google’s competitor offerings that really brought in the stellar revenue.
Alphabet Inc. reported high demand for its cloud and artificial intelligence offerings, boosting shares and giving investors confidence that its unprecedented investments in AI infrastructure will pay off.
Google’s transition into the era of artificial intelligence continued to pay off for its corporate parent, Alphabet Inc., which on Wednesday announced another quarter of the stellar growth that helped
In an open letter, Google workers say doing a deal with the Department of Defense would hurt the tech giant's reputation.
Alphabet and Meta both boosted their capex guidance in their first-quarter earnings reports, but Wall Street viewed one much more favorably than the other.
After Anthropic refused to allow the DoD to use its AI for domestic mass surveillance and autonomous weapons, Google has signed a new contract with the department.
Google Cloud revenue grew 63% in the first quarter, reaching $20.0 billion in revenue and exceeding the $18.05 billion anticipated by Wall Street analysts. The results blew past the 47% growth estimate from FactSet and the 55% whisper number estimated by Bank of America.
Alphabet posted $109.9B in Q1 2026 revenue, up 22% YoY, continuing its strong double-digit growth streak. AI, especially Gemini, is driving growth across Search, Cloud, and subscriptions with record usage and demand.
Google abruptly dropped out of a $100 million Pentagon prize challenge to create technology for voice-controlled, autonomous drone swarms after it was among the successful submissions, according to people briefed on the matter.