Friday, 25 July, 2025
Google’s AI Push Fuels 19% Q2 Profit Surge, But Rising Costs and Antitrust Shadow Loom
Google parent Alphabet’s Q2 net profit jumped 19% year-on-year to $28.2 billion, driven by AI-powered Search features like AI Mode and Gemini-driven ad formats, while revenue grew 14% to $96.4 billion and Google Cloud revenue soared 32%. CEO Sundar Pichai hailed robust AI integration, but Alphabet raised its 2025 capex budget by $10 billion to $85 billion to support AI infrastructure. Looming US antitrust actions, including a potential Chrome divestiture, cloud its future.
Read full story at Economic Times