18 months ago, Google looked like it had missed the AI revolution. Now, Alphabet's stock is up 140% over the past year and Wall Street is betting it's one of the few companies positioned to profit from every layer of the generative AI boom. From Gemini to Google Cloud to its custom TPU chips, the company controls more of the AI stack than almost any of its rivals. This week's Google I/O is the next big test — investors want to see whether that confidence is backed by a real product roadmap. CNBC's MacKenzie Sigalos explains how Alphabet became the AI race’s unlikely frontrunner. Chapters: 0:00 Introduction 2:40 Chapter 1 - Google’s AI comeback 4:55 Chapter 2 - Monetizing AI 9:29 Chapter 3 - Google’s AI future Reporter: MacKenzie Sigalos Produced and Edited by: Andrew Evers Additional Editing: Matt Soto Senior Director of Video: Jeniece Pettitt Animations: Jason Reginato, Christina Locopo, Emily Park Additional Footage: Getty Images, Google » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC How Google Quietly Became An AI Powerhouse
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Spacex ahead of Google in A.I.?! WTF is Munster talking about?
SpaceX? The guy is a clown...last year he said Google is like eBay
why Spacex?
WTF is Spacex got to do with anything. It's not even a seriuos company. It's a holding company for Elons broken dreams which will be unloaded to the public at the IPO.
PR marketing at work here...
If you are already part of the google ecosystem then Gemini is the better option
Munster in 2025 claimed that Google was finished? Now this....😭
Watch: Wall Street Millennial: Elon Musk's xAI Is Failing.
Alphabet is like buying a mini mutual fund with all bases covered and unlimited potential with DeepMind. Musk says it's a leader in AI and DeepMind is GOD mode.
When was Google not at a AI powerhouse?
Nice information ❤❤ Alphabet booming ❤💵💵
I believe companies with many opportunities to interact with advanced AI will be strong.
This woman does her homework. Anytime I see her, she kills it.
Google is just getting started, it will most valuable compary ever
Alphabet up 140% because they own the full stack now. Wild. But stock price and tools I can actually use are two very different things. I/O needs to ship, not demo.
Google favored enterprise instead of chasing consumers. People forced to use Gemini at work will use it at home
It's not ahead. It's in 3rd place.
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Anthropic probably leading it.
If Google led in AI from the get go, wouldn't that support those people who say Google is a monopoly?