Alphabet says revenue rose 24% as Gemini app hit 950 million monthly users
asymco · x · 2026-07-23
Sundar Pichai said Alphabet had an “amazing quarter,” with revenue up 24% year over year and Google Cloud accelerating to 82% growth. He added that the Gemini app reached 950 million monthly active users, model APIs are now processing 22 billion tokens per minute, and Gemini Enterprise is used by 90% of the Fortune 100.
The post is framed with a dismissive “Doomed.” reply, but the substantive takeaway is Google’s claim that AI investments are now showing up across Search, YouTube, Cloud, consumer apps, and enterprise security products.
Related event: Google Cloud Doubles in Q2 but AI Spending Turns Free Cash Flow Negative(60 posts)→
More from Companies & People
- AIE Code Summit 2026 opens applications: 800 seats, keynotes streamed free — trq212 · 2026-10-27
- After Microsoft's 60K layoffs, pundit predicts 50-60% headcount cuts at big companies — krishnan · 2026-10-27
- Vercel founder Rauch: pencil, press, JS share one trait — and it's why he's bullish on agents — round · 2026-10-27
- Interpretability researcher joining Goodfire AI post-PhD, calls for speeding up the field — mathildepapillo · 2026-10-27
- 'Explain how AI isn't impacting productivity': 27% workforce cut sparks debate — alvelda · 2026-10-27
- Claude now handles 27% of Anthropic's R&D, up from zero months ago — thursdai_pod · 2026-10-27