In 2022, Alphabet's Wing, a subsidiary focused on drone delivery, expanded its services to new locations, including parts of Australia, Finland, and the United States. Wing's drones were used to deliver small packages, such as food and medicine, directly to consumers. This expansion highlighted Alphabet's efforts to innovate in the logistics and delivery sector, aiming to provide faster and more efficient delivery solutions through advanced drone technology.

In February 2021, Alphabet's artificial intelligence subsidiary, DeepMind, announced a breakthrough in solving the protein folding problem, a fundamental challenge in biology. DeepMind's AI system, AlphaFold, demonstrated the ability to predict protein structures with remarkable accuracy. This achievement was hailed as a significant scientific advancement with potential implications for drug discovery and understanding diseases, showcasing Alphabet's commitment to leveraging AI for scientific progress.

In January 2020, Alphabet Inc. reached a market value of $1 trillion, becoming the fourth U.S. company to achieve this milestone after Apple, Microsoft, and Amazon. This achievement reflected investor confidence in Alphabet's diverse portfolio of businesses, including its core advertising operations and ventures into areas like cloud computing, autonomous vehicles, and artificial intelligence. The milestone underscored Alphabet's position as a leading technology conglomerate.

On December 3, 2019, Sundar Pichai, who had been the CEO of Google since 2015, was appointed as the CEO of Alphabet Inc., following the decision by co-founders Larry Page and Sergey Brin to step down from their executive roles. Pichai's appointment marked a new era for Alphabet, with a focus on continuity and stability. His leadership was expected to guide Alphabet through its next phase of growth and innovation.

On July 18, 2018, the European Union fined Alphabet Inc. a record €4.34 billion for antitrust violations related to its Android operating system. The EU found that Alphabet had imposed illegal restrictions on Android device manufacturers and mobile network operators to cement its dominant position in general internet search. This fine highlighted the regulatory challenges faced by Alphabet in its global operations and underscored the scrutiny of its business practices.

In early 2017, Alphabet's Project Loon, which uses high-altitude balloons to provide internet access, was deployed in Peru to deliver connectivity to remote areas affected by severe flooding. This initiative demonstrated Alphabet's commitment to using innovative technology to address global challenges. Project Loon's success in Peru showcased its potential to provide internet access in areas lacking traditional infrastructure, aligning with Alphabet's mission to expand global connectivity.

In August 2016, Alphabet Inc. announced that its self-driving car project, previously under Google X, would become a separate entity named Waymo. This move was part of Alphabet's strategy to transform its experimental projects into standalone businesses. Waymo aimed to develop fully autonomous vehicles and revolutionize transportation. The creation of Waymo marked a significant step in Alphabet's efforts to diversify beyond its traditional internet services.

In December 2015, Alphabet Inc. briefly overtook Apple Inc. as the world's most valuable company by market capitalization. This milestone was driven by strong performance in Google's core advertising business and investor confidence in Alphabet's potential for growth in its diverse range of subsidiaries. The achievement underscored the success of Alphabet's restructuring strategy, which allowed for greater focus on innovation and new business opportunities.

On October 2, 2015, Alphabet Inc. officially became the parent company of Google. This transition marked the completion of the restructuring process announced earlier in August. Alphabet Inc. began trading on the NASDAQ stock exchange under the new ticker symbols GOOG and GOOGL. The restructuring allowed for more focused management and investment in various innovative projects, separating them from Google's core internet services.

On August 10, 2015, Google co-founders Larry Page and Sergey Brin announced the creation of Alphabet Inc., a new holding company that would encompass Google and its various subsidiaries. This restructuring aimed to allow more autonomy to its diverse range of businesses, such as Calico, Nest, and Google itself. The move was seen as a way to streamline operations and provide clearer accountability for each segment of the business.