Google justifies huge AI spending with booming cloud business
Alphabet's cloud revenue surged 82% year-over-year to $24.8 billion, driven by enterprise AI adoption. CEO Sundar Pichai highlighted strong demand and long-term deals, with capital expenditures expected between $180 billion and $190 billion for the year.
Google/DeepMind
TechCrunch AI24.07 · 02:05


