Alphabet’s latest revenue and profit figures show that robust demand for AI-related services isn’t backing off, providing more room for even more spending.

Analysts are optimistic about Alphabet’s upcoming earnings release. For Q3, Alphabet is expected to report earnings per share (EPS) of $1.84, representing 19% growth year-over-year.

Alphabet Inc. (NASDAQ:GOOGL) is one of the 10 AI Stocks on Wall Street’s Radar. On June 10, Reuters reported that OpenAI is planning to add Alphabet Inc.

Alphabet updates AI spending forecast after earnings surprise originally appeared on TheStreet. The hyperscaler wars are still raging despite concern earlier this year that cloud network players ...