The numbers

$102.3 billion: Alphabet’s Q3 revenue, up 16% year-over-year.

$87.1 billion: Revenue generated by Google Services during the quarter, which includes Google Search, subscriptions, platforms, devices, and YouTube ads.

$15.2 billion: Google Cloud revenues, up 34% from the same period last year.

$2.87: Earnings per share, up 35% year-over-year.

650 million: Gemini monthly active users

$91-$93 billion: Projected capital expenditures for 2025.

The watercooler talk

This is the first time in Google’s 27-year history that it’s generated over $100 billion in a single quarter.

The momentum has largely come from the tech giant’s investments in AI infrastructure and applications. During the third quarter, the company expanded its LLM-powered Search experiences, AI Overviews,

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