Overview
- Alphabet shares are up more than 60% this year with a market value near $3.8 trillion, as Jim Cramer credits Gemini 3 progress as a key contributor.
- Google reports Gemini reached 650 million monthly active users in Q3 2025, up from 450 million in July.
- Alphabet says its first-party models processed 7 billion tokens per minute in Q3, while OpenAI reported 6 billion per minute on its API in October.
- Similarweb estimates Gemini’s market share climbed from about 5.4% to 18.2% over the past year.
- The company is investing over $90 billion in 2025 capital expenditures to expand AI infrastructure, as Google Cloud moves from losses to robust profits.