Alphabet hits $500B revenue run rate as Cloud grows 103% and Search query growth hits 5-year high
rseroter · x · 2026-10-29
Sundar Pichai shared Alphabet Q3 results: a half-trillion-dollar annual revenue run rate with 25% revenue growth.
- AI investments are driving Search query growth — YoY query growth is the highest in five years, including commercial queries; ads in AI Mode are scaling to more countries, with multi-turn ads launching in the US.
- Google Cloud revenue grew 103% on AI infrastructure demand; 1P model APIs now process nearly 32B tokens/min, up 40% QoQ.
- On models: Argon and Carbon are said to lead the frontier, and Genie 4 is described as the most advanced new world model yet.
Related event: Alphabet Misses on Revenue and EPS, Wiping Out ~$500B in a Day(43 posts)→
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