Alphabet reported second-quarter results on Wednesday that beat on revenue and earnings, but the company said it would raise its capital investments by $10 billion in 2025. Shares of the company were up as much as 3% in after-hours trading. The company’s overall revenue grew 14% year over year, higher than the 10.9% Wall Street expected.

Google DeepMind CEO said it's because Meta is behind in the AI race. The AI talent war is raising concerns about increasing costs and competition among top tech firms. Google DeepMind's CEO says there is a simple reason Meta is spending millions of dollars to attract AI talent.

Also: A deeper dive into the meme-stock craze and important trends for home buyers and sellers to learn about.

With an $85 billion war chest, Google is waging an infrastructure arms race to own the physical foundation of the AI revolution.

To use the tool, tap on the “try it on” icon on a product listing in Google, or any apparel result on Google Images. You’ll be prompted to upload a full-length image of yourself, and from there AI will dress your image in the items you choose.

Google is weaving AI deeper into shopping with virtual try-ons, personalized price alerts, and shoppable inspiration

Google’s accelerating shift into artificial intelligence helped propel its corporate parent to another quarter of solid growth while a crackdown on its internet empire looms in the background.

Google Photos and YouTube Shorts are getting the feature next.