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Google's ad business continues to prop up its experimental ventures

Engadget

That's a lot more than those parts of Alphabet lost a year ago, when other bets posted an operating loss of 633 million. But the good news for other bets is that they're at least bringing in more cash than they did a year ago -- revenues of 166 million in the quarter was more than double the 80 million in revenue Google reported a year ago. This is the first time Alphabet has reported quarterly numbers for its other bets companies. Last quarter, the company revealed just how much money the companies lost throughout 2015 as a whole ( 3.6 billion, if you're keeping track). As a refresher, companies under the other bets umbrella include Verily, Google Fiber, Google X, the company's self-driving cars team, the Ventures investment group, Nest, Calico and a number of others.