Gemini 3 Reaches 750M Users as Alphabet Raises CapEx to $185B
Alphabet reported a stunning quarter with its Gemini 3 AI platform attracting 750 million monthly average users. Capital expenditures rose to $175–185 billion, far above the $115 billion analysts expected, as the company invests heavily in AI and infrastructure to outpace rivals.
1. Gemini 3 User Growth
Alphabet’s Gemini 3 AI platform has rapidly scaled to 750 million monthly average users, marking significant adoption in consumer AI applications and reinforcing the company’s dominance in the AI race.
2. Surging Capital Expenditures
The company is allocating between $175 billion and $185 billion to capital goods this year, substantially above the $115 billion forecasted by analysts, with a notable portion likely directed toward Broadcom for chip supply.
3. Competitive Strategy
This aggressive spending mirrors past strategies to suppress competitors like Microsoft’s Bing, with management betting that sustained investment in AI infrastructure and capabilities will secure long-term market leadership.