Awesome Projects Google Currently Working On.
Google & Facebook, both tried to buy the titan standalone app : Whatsapp. None were able to buyout. So, Google decided to to develop the standalone messaging service called BABEL.

Babel will unite Google Talk,Google+ & Google Voice under one hood,Babel. Babel will be competing the other standalone chatting applications like Facebook messenger, Whatsapp, iMessage, BB Messenger,etc.
Rumours are that, Babel will be included in the Android 5.0 Lime Pie.The application has all good features which most of the current application have like synced notification,video chat,photo sharing,etc.
#Wind Turbines (Not On Land, In The Sky!!)
Director of the Google's secretive research lab, Google X aftertaking approval from Larry page has taken acquisition of Makani Power who develops the wind turbines which are tethered with ground & flies like a kite in air.Real Crazy!

The project is in testing & there's still development going on in this sector, If this project becomes successful it will be generating huge amount of electric power with just tethered Kites. Yes!
<a href="https://www.crazyengineers.com/threads/project-loon-googles-balloon-powered-global-internet.68523">Project Loon : Google's Balloon Powered Global Internet</a>
Read more : <a href="https://www.crazyengineers.com/threads/project-loon-googles-balloon-powered-global-internet.68523">Project Loon : Google's Balloon Powered Global Internet</a>
# Google Smartwatch

After releasing Google Glass & Nexus Smartphones, Google is developing the Android based smart-watch which will be competing Apple's iwatch in near future.
# Android@Home
Google's step towards home automation, Google Android@Home is the project in which Android based setup is done in the house making it fully automatic which you can operate it with using internet. You can operate doors,washing machine,lights,PCs, etc all that's capable to connect it with the internet.
# Gaming Console

After watching closely on Ouya,Game-stick,Steam-box & Nvidia's Shield; Google is aiming for gaming console, but google is aiming to take over on Xbox & PS with Android based console. Let's wait & watch.
For more details read : <a href="https://www.crazyengineers.com/threads/google-inc-to-launch-android-gaming-console-wristwatch.68744">Google Inc. To Launch Android Gaming Console & Wristwatch</a>