Fortune

G IS FOR GRAVEYARD

Several of Alphabet’s high-flying “moonshots” have crashed in recent months.
Alphabet’s top brass have questioned when robots, like this one made by Boston Dynamics, will become profitable.

AS ALPHABET MATURES, it’s becoming clearer which of the company’s investments are its alpha bets—and which are not.

While most of the Google parent’s experimental initiatives make no money at all, several show early signs of promise. Subsidiaries such as

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