Alphabet's second-quarter earnings surpassed expectations, fueled by artificial intelligence advancements across its divisions. The company reported a profit of $28.2 billion on revenue of $96.4 billion. To meet the rising demand for cloud services, Alphabet plans to increase capital spending by $10 billion this year and projects $50 billion in annual revenue from its cloud computing division.from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/fJZGcM5
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