Google-parent Alphabet earnings shine with help of AI

Google-parent Alphabet on Wednesday reported quarterly profits that topped expectations, saying artificial intelligence has boosted every part of its business.

Alphabet’s second-quarter profit of $28.2 billion — on $96.4 billion in revenue — came with word that the tech giant will spend $10 billion more than it previously planned this year on capital expenditures, as it invests to meet growing demand for cloud services.