Sou Hu Cai Jing·2025-10-30 00:12Core Insights - Alphabet, the parent company of Google, reported a record third-quarter revenue of $102.3 billion, a 16% year-over-year increase, exceeding analyst expectations [1] - The company's net profit reached approximately $35 billion, reflecting a 33% year-over-year growth, driven by the expansion of digital advertising and cloud computing [1] - Alphabet is significantly investing in artificial intelligence (AI), with plans to increase capital expenditures to between $91 billion and $93 billion this year, a substantial rise from $52.5 billion in 2024 [1] Revenue and Profit - The third-quarter revenue of $102.3 billion marks a 16% increase compared to the previous year [1] - Net profit for the quarter was around $35 billion, which is a 33% increase year-over-year [1] Investment in AI - Alphabet is allocating hundreds of billions of dollars towards AI research and development [1] - The majority of the increased capital expenditure will be directed towards building data centers for developing and operating AI models [1] Cloud Computing Performance - The cloud computing division generated $15.2 billion in revenue for the quarter, representing a significant 34% year-over-year increase [1]