Alphabet shares continued their decline on Thursday after the company said it would hugely increase its AI spending in 2026.

YouTube’s annual revenue ballooned past $60 billion in ads and subscriptions.

Of course, one of the great things about Alphabet's business is that its growth drivers remain diversified. Its core Google Services segment, which includes revenue from Google search, YouTube, Google subscriptions, Google devices, and more, saw revenue rise 14% year over year.

Google said returns from its AI push are strengthening growth in search, cloud and enterprise products, as Alphabet signals a major increase in AI-related capital spending.

Google parent Alphabet on Wednesday reported blockbuster earnings, its revenue climbing as it invests massively in cloud computing services enhanced with artificial intelligence.

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Google parent Alphabet reported blockbuster earnings, its revenue climbing as it invests massively in cloud computing services enhanced with artificial intelligence.

Google stock rose amid Q4 earnings and revenue that topped consensus estimates with cloud computing sales growth a bright spot.