Google Parent Alphabet surpasses $100 Billion in quarterly revenue as AI expansion accelerates
Alphabet Inc., Google’s parent company, achieved a remarkable landmark by surpassing $100 billion in quarterly revenue for the very first time. For the third quarter, the tech giant estimated $102.3 billion in revenue and almost $35 billion in profit, or $2.87 per share, both beating market predictions. CEO Sundar Pichai cited that Alphabet is “investing to meet customer demand and capitalize on the growing opportunities across the company.”
