Alphabet is the parent company of Google and became a major mega-cap technology company.
Google’s founders created Alphabet in 2015 through a corporate restructuring. Alphabet became the holding company for Google and several other businesses, while Google remained the main operating company and retained products such as Search, YouTube, Android, and Google Cloud.
The restructuring separated Google’s core internet businesses from experimental or specialized projects. Alphabet’s corporate structure helped investors and managers evaluate those activities while keeping Google as its largest business.
Alphabet has repeatedly ranked among the world’s most valuable public companies by market capitalization. Its valuation is closely linked to advertising, especially search advertising, but investors also watch cloud computing, video, artificial intelligence, and the company’s large cash position.