Alphabet Q3: annualized revenue hits $500B, Google Cloud revenue up 103%

Alphabet Q3 财报：年化收入达 5000 亿美元，Google Cloud 增长 103%

Sundar Pichai posted Alphabet's Q3 results: annualized revenue run rate reached $500B and total revenue grew 25% year over year. Google Cloud revenue rose 103%, first-party model APIs handle nearly 32B tokens per minute, up 40% quarter over quarter. Search query growth was the highest in five years. He also cited Argon and Carbon as frontier leaders and the new world model Genie 4.

Why it matters: Alphabet's Q3 total revenue grew 25% year over year while Google Cloud revenue rose 103%, so cloud is growing faster than the company overall.