Google gives CEO Sundar Pichai new pay deal worth up to $692mn
Alphabet boss gets bumper package of stock options tied to the share price and growth of Waymo in the next three years
Alphabet boss gets bumper package of stock options tied to the share price and growth of Waymo in the next three years

Alphabet’s robotaxi venture plans to expand to dozens of cities, including London and New York

Shares in Google’s parent company up more than 30% since late July

Search giant increases its financial backing to help the AI lab add computing power to run its models

Meta stock drops on capex increase while Alphabet’s cloud business grows faster than rivals Amazon and Microsoft

Alphabet, Meta and Microsoft divide the market over whether they can translate huge capital expenditure into income

AI start-up secures more computing capacity as annualised revenues hit $30bn