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(56 posts)→
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