Alphabet (Google)

Google Cloud pulls ahead as Big Tech’s AI bet swells to US$700 billion

The company’s 63% revenue surge, its best growth yet, is far above estimates of 50.1%

Meta CEO Mark Zuckerberg has expressed confidence in the decision to escalate spending, though his answers to analysts’ questions were vague.

Alphabet, Amazon outpace Meta in AI during earnings bonanza

A key question among investors and analysts is whether that massive spending is providing tangible results

The new discussions, which have not been reported, coincide with a push by Anthropic to ramp up fundraising amid the breakout success of its AI software.

Anthropic considering funding offers at over US$900 billion value

The Claude maker has been on the hunt for more infrastructure to meet growing demand for its products

Google is locked in a tight race with startups Anthropic PBC and OpenAI to develop AI that can perform on par with humans and sell it to businesses and consumers.

Alphabet sales beat estimates on Google cloud, AI customers

The company has been spending billions on a plan to build enough data centres with powerful servers for itself and its cloud clients as fast as possible

Google’s agreement requires it to help in adjusting the company’s AI safety settings and filters at the government’s request.

Google signs classified AI deal with Pentagon

The agreement allows the Pentagon to use Google’s AI for “any lawful government purpose”

“We are a sovereign nation. And my government will make decisions based upon the Australian national interest,” Prime Minister Anthony Albanese says.

Australia to charge Big Tech companies 2% levy unless they strike local news deals

Trump opposes digital services taxes on US tech giants and has threatened tariffs on countries that pursue them

Earlier this year, higher-than-expected capital spending spooked investors and helped send Magnificent Seven stocks into a tailspin, falling 16% in the first three months of 2026.

Big Tech’s US$16 trillion earnings week is make-or-break for rally

Alphabet, Microsoft, Amazon and Meta are set to report their results on Wednesday

Anthropic’s Claude Code tool has gained strong traction among developers.

Google to invest up to US$40 billion in AI rival Anthropic

The investment comes just days after e-commerce giant Amazon says that it will invest up to US$25 billion in the startup

Prosecutors allege that former education minister and Gojek co-founder Nadiem Makarim carried out the procurement of laptops in a manner that violated established public procurement principles.

Inside Indonesia’s trial of Gojek co-founder: How a Google laptop deal became a multitrillion-rupiah case

Nadiem Makarim, also a former minister under the previous president, has consistently denied any wrongdoing

Google plans to announce its new generation of custom-designed chips, known as tensor processing units, or TPUs, at the Google Cloud Next conference in Las Vegas this week

Google eyes new chips to speed up AI results, challenging Nvidia

The Alphabet-owned company has previously touted inference capabilities for its chips