Google Cloud Next 2026 Bets Big on AI Infrastructure Ahead of Earnings

Google Cloud Next 2026 wrapped up with a strong emphasis on AI infrastructure, including eighth-gen TPUs delivering 3x compute and 121 ExaFlops superpods, the rebranded Gemini Enterprise Agent Platform replacing Vertex AI, and $175-185B CapEx commitment. The event built on April 22 launches of TPU 8t/i chips, a $750M partner fund, and security agents, followed by April 23 spec details showing 80% better performance-per-dollar. Shares traded around $344 amid 65% yearly gains and a $369.67 analyst target, positioning Alphabet for Q1 earnings on April 29 with enhanced cloud AI momentum.