Alphabet Inc., the parent company of Google, is one of the largest multinational conglomerates in the world, headquartered in Mountain View, California. Founded in 2015 as part of a corporate restructuring of Google, Alphabet was created to streamline the company's vast operations, allowing each of its subsidiary businesses to focus on innovation and growth independently. The establishment of Alphabet allowed Google to focus on its core businesses such as search, advertising, and Android, while other ventures like Waymo, Verily, and DeepMind could develop cutting-edge technologies across various sectors.
Alphabet's mission is to organize the world’s information and make it universally accessible and useful, while also advancing technological frontiers in artificial intelligence, autonomous vehicles, healthcare, and more. With a market capitalization exceeding $1.5 trillion, Alphabet is a key player in industries ranging from internet services and cloud computing to autonomous driving and biotechnology.
CEO and Founders of Alphabet (Google)
Alphabet Inc. was co-founded by Larry Page and Sergey Brin in 2015 as part of Google's restructuring, though Google itself was founded by the duo in 1998. Larry Page served as Alphabet’s CEO until 2019, when Sundar Pichai, who was already the CEO of Google, took over as the CEO of Alphabet. Larry Page and Sergey Brin are credited with transforming the internet landscape with their vision for Google’s search engine, which revolutionized how people find and use information. Under Sundar Pichai's leadership, Alphabet continues to expand its influence through innovations in AI, cloud computing, and hardware.
List of Top Companies Under Alphabet Inc.
Alphabet owns numerous companies and subsidiaries, each contributing to its vast portfolio of services, products, and innovations. Below is a list of some of the most valuable and well-known companies under Alphabet, along with their estimated valuations:
Company Name | Year Acquired/Founded | Valuation | Industry |
---|---|---|---|
1998 (Founded) | $1.5 Trillion | Search Engine, Ads, Cloud | |
YouTube | 2006 (Acquired) | $200 Billion | Video Streaming |
Waymo | 2009 (Founded) | $30 Billion | Autonomous Driving |
Verily | 2015 (Founded) | $2.5 Billion | Life Sciences, Health Tech |
DeepMind | 2014 (Acquired) | $500 Million | Artificial Intelligence |
Google Cloud | 2008 (Founded) | $225 Billion | Cloud Computing |
Fitbit | 2021 (Acquired) | $2.1 Billion | Wearable Devices, Health Tech |
Nest | 2014 (Acquired) | $3.2 Billion | Smart Home Devices |
GV (Google Ventures) | 2009 (Founded) | Manages $8 Billion in assets | Venture Capital |
CapitalG | 2013 (Founded) | N/A | Growth Equity Investment |
FAQs About Alphabet (Google)
Q1: When was Alphabet Inc. founded, and by whom?
A: Alphabet Inc. was founded in 2015 by Larry Page and Sergey Brin as part of the corporate restructuring of Google.
Q2: Who is the current CEO of Alphabet?
A: Sundar Pichai is the current CEO of both Alphabet and Google, taking over from Larry Page in 2019.
Q3: What is Waymo, and what does it do?
A: Waymo is Alphabet's autonomous driving company, founded in 2009, with the goal of developing self-driving technology for passenger and commercial vehicles.
Q4: What are Alphabet's most valuable companies?
A: The most valuable companies under Alphabet are Google ($1.5 trillion), YouTube ($200 billion), and Google Cloud ($225 billion).
Q5: What is Google Cloud, and why is it important?
A: Google Cloud is Alphabet's cloud computing division, offering services in storage, machine learning, and enterprise solutions, valued at over $225 billion.
Q6: What role does DeepMind play within Alphabet?
A: DeepMind, acquired by Alphabet in 2014, focuses on artificial intelligence research and applications, contributing to advancements in fields like healthcare and game theory.