3 6 Ke·2025-10-31 23:41Core Insights - Alphabet reported Q3 revenue of $102.346 billion, a 16% increase year-over-year, marking the first time quarterly revenue surpassed $100 billion [3][4] - All core businesses achieved double-digit growth, with AI significantly contributing to overall performance [4][5] Financial Performance - Revenue growth was driven by cloud services, YouTube, and subscription services, with a strong momentum in product deployment [4][9] - AI product revenue grew over 200% year-over-year, with more than 2 million subscription users for related services [9][10] AI and Technology Advancements - Alphabet's AI infrastructure includes both NVIDIA GPUs and proprietary TPUs, providing a unique competitive advantage [4][5] - The Gemini model processes 7 billion tokens per minute, with over 650 million monthly active users, and is set to release Gemini 3 by year-end [5][7] Product and Service Expansion - AI integration is expanding across Alphabet's product lines, with significant user engagement in AI Mode and AI Overviews [6][7] - YouTube's paid subscription users surpassed 300 million, and YouTube Shorts revenue exceeded traditional ad revenue in the U.S. [9][10] Cloud Services Growth - Google Cloud's new customer count increased by 34% year-over-year, with a record number of large contracts signed [9][10] - Over 70% of existing Google Cloud customers are utilizing AI products, contributing to steady revenue and profit growth [9][12] Future Outlook - Waymo plans to expand its services to London and other cities, enhancing its autonomous driving capabilities [10][11] - The company anticipates significant growth in AI-driven services and products, with a focus on optimizing user experience and advertising revenue [11][14]