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Amazon and Alphabet’s Profits Reveal Circular Nature of A.I. Boom

NYT > Business·August 14, 2026
Amazon and Alphabet’s Profits Reveal Circular Nature of A.I. Boom

Alphabet and Amazon's recent profits have highlighted the interconnected nature of the technology industry, particularly in the realm of artificial intelligence. Investment gains at both companies demonstrate how their fortunes are increasingly intertwined. The circular relationship between tech giants is becoming more apparent, with each company's successes and failures having a ripple effect on others. As a result, the industry's biggest players are becoming increasingly linked in their pursuit of AI-driven growth.

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