Alphabet's Other Bets

Source: Alphabet executives told staff at its moonshot X lab that Alphabet will not convert promising investment projects into Other Bets subsidiaries in 2024

The Information : X: @carnage4life and @amir X: Dare Obasanjo / @carnage4life : Google has told employees at its X unit that it won't be converting any moonshots to subsidiaries. It looks like Google...

Alphabet's Other Bets, which includes Waymo, Verily, Fiber, others, had a Q1 operating loss of $1.15B, up from $1.12B YoY, on revenue of $198M, up from $135M

Alphabet's Other Bets, which now includes Loon and Wing alongside Waymo, Verily, and others, had Q2 revenue of $145M, with operating losses rising to $732M

Natalie Gagliordi / ZDNet :

Alphabet says Loon and Wing, X's internet balloon and delivery drone projects, are “graduating” to become full companies under the Alphabet corporate umbrella

The two companies will be part of Alphabet's Other Bets division  —  Alphabet has announced that Loon and Wing …