Google Gemini 4 Carbon tops the charts late at night! New quarter cloud revenue surges 103%, orders pile up to 3.7 trillion

What happened: Google released Gemini 4 Carbon, its flagship model for long-running agentic workflows, and Alphabet reported third quarter results the same day. Key numbers: Gemini 4 Carbon scored 59 on the Artificial Analysis Intelligence Index v5.0, ranking first. Why it matters: Google Cloud growth was more than double Azure's 48% growth, though Azure revenue of about $33.2 billion remained higher. Management said AI Mode monetization is relatively low and that infrastructure spending and TPU inventory will keep pressuring free cash flow. Coverage: 4 outlets in 24h

Google released Gemini 4 Carbon, its flagship model for long-running agentic workflows, and Alphabet reported third quarter results the same day.

Google Cloud growth was more than double Azure's 48% growth, though Azure revenue of about $33.2 billion remained higher. Management said AI Mode monetization is relatively low and that infrastructure spending and TPU inventory will keep pressuring free cash flow.