NYT
Amazon and Alphabet’s Profits Reveal Circular Nature of A.I. Boom
Friday, August 14, 2026
Alphabet and Amazon reported investment gains tied to artificial intelligence companies in their latest earnings. Both technology companies hold stakes in AI ventures, creating financial connections between their profits and the performance of those investments. The earnings reports showed how large technology firms are positioning themselves across multiple segments of the AI market.
Original reporting: https://www.nytimes.com/2026/08/14/business/ai-tech-profits.html