Alphabet reported second-quarter results on Wednesday that beat on revenue and earnings, but the company said it would raise its capital investments by $10 billion in 2025. Shares of the company were up as much as 3% in after-hours trading. The company’s overall revenue grew 14% year over year, higher than the 10.9% Wall Street expected.

Analysts note new tax provisions could be giving the large technology companies even more flexibility to invest in chips and other AI infrastructure.

For more, check out Google's plans for smart glasses with AndroidXR.

Google is weaving AI deeper into shopping with virtual try-ons, personalized price alerts, and shoppable inspiration

Today, Google announced a new AI shopping feature that can suggest outfits and home decor ideas, plus connect users with products that look similar to its recommendations. The feature will be available to U.S. users within the Google AI Mode search experience this fall.

Google’s accelerating shift into artificial intelligence helped propel its corporate parent to another quarter of solid growth while a crackdown on its internet empire looms in the background.

Google said it won't be crawling your LLMS.txt files and just do normal SEO if you want to rank in its AI Overviews.

Will Tariffs And AI Continue To Dominate The Market Narrative? "If new duties are announced, most merchants can achieve compliance within hours" using Shopify's enhanced Managed Markets product, President Harvey Finkelstein said in the May 8 first-quarter earnings call.