Alphabet's Q2 revenue grew 24% year-over-year, with Google Cloud accelerating to 82% growth, driven by AI investments across its business segments. The Gemini app reached 950 million monthly active users, while model APIs processed 22 billion tokens per minute, up from 16 billion last quarter. Gemini Enterprise is now adopted by 90% of the Fortune 100, indicating strong enterprise AI demand.
Alphabet's Q2 results confirm accelerating AI demand, with Google Cloud and model API usage driving significant compute consumption and enterprise adoption.