Pakistan, Feb. 5 -- Alphabet is asserting itself as a leader in artificial intelligence (AI), signaling to Wall Street that the Google parent is now ahead of rivals like OpenAI, a marked turnaround from a year ago when investors perceived it as lagging behind.

The company's first post-earnings call since the launch of its Gemini 3 model underscored confidence in AI-fuelled growth. Although Alphabet did not name competitors, executives highlighted that AI investments are now generating returns across its entire business, justifying a potential doubling of capital expenditures in 2026 to $175-185 billion for AI computing infrastructure.

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CEO Sundar Pichai noted that the Google Gemini ap...