Alphabet (NASDAQ: GOOGL, GOOG) is the American holding company created in 2015 to sit above 📝Google and its growing portfolio of unrelated bets, allowing the search business and the speculative initiatives to be governed and reported separately.
The restructure separated Google's core advertising, productivity, cloud, and consumer-hardware businesses from the so-called Other Bets — a collection of long-horizon subsidiaries that includes Waymo (autonomous driving), Verily (life sciences), Wing (drone delivery), DeepMind (AI research), and X (formerly Google X, the moonshot factory). Founders Larry Page and Sergey Brin transitioned to non-operational roles in 2019; Sundar Pichai serves as CEO of both Alphabet and Google. Alphabet is one of the most highly capitalized public companies in the world and one of the largest spenders globally on research and development across AI, computing infrastructure, and applied science.