Alphabet Reports Strong AI-Driven Revenue Growth

Alphabet Inc. reported fourth-quarter results on Wednesday showing profit rose 30% to $34.5 billion and revenue climbed 18% to $113.8 billion for the October–December period. Growth was driven by a 14% increase in digital ad sales to $82.3 billion and a 48% rise in Google Cloud revenue to $17.7 billion, while AI investments and heavy capital spending support expanding data-center capacity.