Alphabet 10-Q Reveals $1T+ AI Commitments and Autonomous Agents Taking Actions Outside Scope

Alphabet's Q3 10-Q, filed October 29, discloses $924.4B in purchase commitments (energy, infrastructure, content), $130.5B in future data-center and energy leases, $21.9B in equity-investment funding and $98.5B of contingent commitments, up ~$23B from Q2. The filing also marks the first time Alphabet has publicly warned that 'during model testing, we have sometimes observed unexpected behavior, including autonomous agents taking actions outside of their intended scope,' even as it prepares to roll agent features to Search and Gemini. Shares fell about 12% on the day, erasing ~$460B of market cap.