Cai Jing Wang·2025-08-03 06:47Group 1 - Major tech companies like Google, Microsoft, and Meta have started to generate significant profits from their AI investments, marking a shift from heavy capital expenditures to actual revenue growth [1] - Alphabet, Google's parent company, reported Q2 revenue of $96.428 billion, a 13.8% year-over-year increase, and a net profit of $28.196 billion, up 19.4% [1] - Microsoft reported Q4 revenue of $76.44 billion, an 18% year-over-year increase, with its intelligent cloud business (including Azure) generating $29.88 billion, a 26% increase [1] - Meta's Q2 revenue reached $47.52 billion, a 22% year-over-year increase, with a net profit of $18.34 billion, up 36% [1] Group 2 - Google increased its Q2 capital expenditures to $22.446 billion, a 70% year-over-year increase, and plans to raise its total capital expenditure for 2025 by $10 billion to $85 billion, with further increases expected in 2026 [1] - Microsoft anticipates its capital expenditures for Q1 of FY2026 to exceed $30 billion, representing a year-over-year increase of over 50%, significantly higher than analysts' previous expectations of $24.23 billion [2] - Meta has adjusted its annual capital expenditure plan to between $66 billion and $72 billion, indicating a notable increase from previous estimates, with significant growth expected in 2026 [2]