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October 29, 2026 ai_technology technology

Alphabet discloses $1T+ in purchase commitments, future leases, and other obligations; its Q3 filing shows $98.5B in contingent commitments, up ~$23B from Q2 (Davey Alba/Bloomberg)

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Overview

Davey Alba / Bloomberg: Alphabet discloses $1T+ in purchase commitments, future leases, and other obligations; its Q3 filing shows $98.5B in contingent commitments, up ~$23B from Q2 — Alphabet Inc. has said demand for its cloud services is increasing at a rapid clip, pointing to growth in its backlog, or cloud contracts it hasn't yet fulfilled.

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