**[Alphabet's Quarterly Report Exceeds Expectations, Capital Expenditures to Reach $185 Billion This Year]** According to a report by Jinse Finance, Alphabet (GOOG.O), the parent company of Google, exceeded expectations with its Q4 2025 revenue data. Capital expenditures for 2026 are projected to range between $175 billion and $185 billion, far surpassing investors' expectations of $119.5 billion. Google's Q4 revenue reached $113.828 billion, compared to the market expectation of $111.375 billion. The company has rapidly improved its Gemini model and fully integrated it into various product lines, an effort requiring significant investment to support model optimization and meet cloud customer demands. These investments have already begun to show results. Google is supplying Anthropic with up to 1 million specialized AI chips, solidifying its position as a key infrastructure provider in the AI sector. Additionally, Gemini will provide AI technology support for Apple's iPhone Siri. However, to justify such massive expenditures, Alphabet needs to demonstrate growth momentum in its cloud services and search advertising businesses. The company stated that large-scale investments in AI, including building new infrastructure, research and development, and talent acquisition, are critical for competing with rivals such as Amazon, Microsoft, and OpenAI.