The bill for Google’s AI overspending is yet to come. Google said Wednesday that its second-quarter free cash flow turned negative by $5.9 billion, as the company’s capital spending continues to rise. It’s the first time the company has reported negative free cash flow in decades, according to AlphaSense, a sign of how much money
Imagine earning almost an extra $100 billion and dedicating exactly one vague sentence to it. That’s exactly what Google’s parent company, Alphabet, did in its second quarter earnings report. The tech giant reported that its “other income” amounted to $98 billion in the second quarter, saying it came from unrealized gains on its investments. Analysts
Alphabet investors have publicly worried that the company’s huge AI spending isn’t worth it. With the company’s latest earnings report, those investors should be able to relax a bit. The bottom line: Google’s cloud business, driven largely by the adoption of enterprise AI, is booming. The search giant saw Google Cloud revenue increase 82% from
Google on Wednesday announced a new migration experience built directly into Android 17 that should make it easier to switch from iPhone to Android. The feature allows users to wirelessly transfer more types of data from an iPhone without needing to download a separate app, Google says. By simplifying the onboarding process and supporting more
Google is launching some new AI models, but not the one many expected. The company on Tuesday announced three Gemini models that it said are faster and cheaper for running AI agents, as Google continues to double down on raw power efficiency. This isn’t entirely a choice: Google said the Gemini 3.5 Pro, the new
Alphabet, Google’s parent company, is designing a new server chip to help its internal Gemini models run more efficiently. The new chip, internally called “Frozen v2,” is scheduled to launch sometime in 2028, The Information reported, citing anonymous sources. According to the report, the chip could be six to 10 times more efficient than Google’s