Alphabet's Google Cloud revenue doubles to $30.7 billion as the Gemini app reaches one billion users

Alphabet reported third-quarter 2026 revenue of $127.6 billion, up 25%, with Google Cloud revenue up 103% to $30.7 billion on AI infrastructure, AI solutions and TPU system sales. Its first-party model APIs process nearly 32 billion tokens per minute and the Gemini app has reached one billion users.