Particle.news
Download on the App Store
10 ARTICLES
·
3w ago

Alphabet Joins $4 Trillion Club After Apple Picks Gemini for Siri

A broad AI push — Gemini 3 progress, Ironwood TPUs, robust cloud bookings, and a favorable court ruling — drove a rapid re‑rating.

FILE - A woman walks by a giant screen with a logo at an event at the Paris Google Lab on the sidelines of the AI Action Summit in Paris, on Feb. 9, 2025. (AP Photo/Thibault Camus,File)
The Google logo is displayed during a press conference in Berlin, Germany, November 11, 2025. REUTERS/Lisi Niesner
Image
Image

Overview

  • Apple and Google announced a multi‑year collaboration in which Apple's next‑generation foundation models will run on Google's Gemini and cloud tech, with a more personalized Siri slated for release this year.
  • Alphabet became the fourth company to reach a $4 trillion valuation and recently surpassed Apple in market cap for the first time since 2019.
  • Shares jumped about 65% in 2025 as Gemini 3 drew strong reviews and Google unveiled Ironwood, its seventh‑generation TPU, which it is also renting to outside customers.
  • Google Cloud reported 34% revenue growth in Q3 and a $155 billion backlog of unrecognized contracts, signaling strong enterprise demand for AI services.
  • A September federal court ruling rejected calls to break up Alphabet and Berkshire Hathaway disclosed a stake, reinforcing investor confidence even as AI‑trade volatility remains a risk.