Alphabet
US technology conglomerate and parent company of Google, Waymo and DeepMind
On 23 July, Brussels fined Alphabet’s Google unit €890m for Digital Markets Act breaches, giving the parent company 60 days to comply after a separate €4.1bn Android penalty was upheld on 2 July.
Last refreshed: 22 September 2026 · Appears in 4 active topics
Why is Google's parent company on an IRGC hit list?
Timeline for Alphabet
Cited as the fourth hyperscaler in the comparison
AI: Jobs, Power & Money: Mentioned in: Fewer US cuts, more of them blamed on AIraised guidance the prior week, feeding the combined total
Data Centres: Boom and Backlash: The big four's combined capex holds near $732bnMentioned in: Oracle's credit spread hits 2008 level
AI: Jobs, Power & MoneyMentioned in: GE Vernova backlog hits 116 GW
Data Centres: Boom and BacklashMentioned in: Google fined €890m four days before EU deadline
European Tech SovereigntyBackground
Alphabet is the US technology conglomerate that owns Google, Waymo and DeepMind. Its parent-company structure places internet services, cloud computing, autonomous driving and advanced research within one group, while separating Google’s core operations from other ventures.
By 1 April 2026, Alphabet reported $109.9bn in quarterly revenue and Google Cloud revenue above $20bn for the first time. Its $460bn backlog of contracted but unrecognised revenue made cloud capacity a central group concern.
Alphabet also owns a majority stake in Isomorphic Labs, a British-founded drug-discovery company. On 12 May, The UK Sovereign AI Unit joined its $2.1bn funding round, showing how Alphabet’s ownership extends into life-sciences research as well as consumer and enterprise technology.
Alphabet faces a Brussels reckoning
On 23 July, the European Commission fined Google €890m for Digital Markets Act breaches. The penalty included €460m for favouring Google services in Search and €430m over Play Store terms. Google had 60 days to comply, placing the operational burden on Alphabet’s largest subsidiary.
The new case followed a separate ruling on 2 July, when the Court of Justice upheld Google’s €4.1bn Android antitrust fine. For Alphabet, the two decisions make European competition enforcement a group-level issue: product changes occur inside Google, but the financial and strategic consequences land with its parent.