谷歌盈利超预期，为AI烧钱大战“再添一把火”

Group 1 - Alphabet's strong Q2 performance is driving a new phase in the AI competition in Silicon Valley, with revenue growth of 14% year-over-year, including a 12% increase in search revenue and a 32% increase in cloud computing revenue [1] - The company raised its capital expenditure forecast from $75 billion to $85 billion, which represents 22% of expected annual revenue, marking the highest annual proportion since 2006 [1][2] - Google's significant investments are beginning to show results, as evidenced by a 10% increase in user queries when AI Overviews are present in search results, and a 4% year-over-year increase in paid clicks [2] Group 2 - Despite the positive outcomes from AI investments, the company faces intense competition from well-funded rivals like Meta and OpenAI, which are also heavily investing in the AI arms race [2][3] - In the device sector, Meta leads in AI-driven glasses, while OpenAI collaborates with former Apple design chief Jony Ive on new devices, prompting Google to establish a preliminary partnership with eyewear manufacturer Warby Parker [3] - This competitive landscape necessitates that companies invest across multiple fronts, including data centers, algorithm development, and hardware, leading to an expected increase in capital expenditures across the tech industry [3]