Alphabet, Amazon outpace Meta in AI during earnings bonanza
businesstimes.com.sg Apr 30, 2026

Alphabet, Amazon outpace Meta in AI during earnings bonanza

AI-summarised brief · reviewed before publication

Alphabet and Amazon outpaced Meta in AI during a recent earnings report, with Google seeing a clear payoff from its AI spending and solid growth in its cloud computing unit. Meta, however, is lagging behind, with its shares tumbling after the company increased its capital expenditures. Alphabet's cloud computing unit recorded $20 billion in sales, beating projections. Meta's consumer AI app has been slower to take off, lacking engagement.

💡 Why It Matters

  • · Google's ability to demonstrate tangible results from its AI spending gives it a significant edge in attracting investors.
  • · Meta's struggles to show returns on its investments raise concerns about its ability to compete in the AI market.