Gemini processes 22 billion tokens per minute! Yet investment spending weighs down Alphabet's stock!
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AI scaling at record levels: Gemini models process 22 billion API tokens per minute, compared to 16 billion in the previous quarter. Cloud business accelerates massively: Google Cloud jumps 82% to $24.8 billion. Investments strain liquidity: Increase in capital expenditures to $44.9 billion pushes free cash flow into negative territory. The tech giant Alphabet (i)(GOOGL) released its Q2 results after the market closed. Despite a historically high net profit of $112.1 billion, the stock fell 3.3% in after-hours trading to $330.76. The...
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