Alphabet’s AI Payoff: Q3 Earnings Breakdown and What’s Next

This week, Robert and Haley dig into Alphabet’s impressive Q3 earnings, with the company reporting $88.3 billion in revenue—beating Wall Street expectations and reflecting a strong return on Google’s AI investments. Alphabet’s core businesses are thriving, with Google Search bringing in $49.3 billion, YouTube up 12% to $8.9 billion, and Google Cloud soaring 34% to $11.3 billion. But how much of this success is tied to Google’s AI strategies?

We explore Sundar Pichai’s remarks on the rapid growth of Google’s Gemini AI models, which are now generating over a quarter of all new code across Google. As Alphabet sharpens its AI focus, reassigning more teams under DeepMind and keeping headcount in check, the company appears poised to take on rivals like Amazon, Meta, and Microsoft in a fierce AI race.

Tune in to hear our take on Alphabet’s AI-fueled growth, from the potential impact on search and cloud to YouTube’s milestone of $50 billion in ad and subscription revenue. If you’re curious about how AI is reshaping tech giants’ strategies—and who’s leading the pack—this episode is for you.