Google parent Alphabet's cloud unit beats quarterly revenue estimates on strong AI demand
Alphabet's cloud unit revenue surged 63% to $20 billion, exceeding estimates and driven by strong enterprise spending on AI infrastructure. The company's overall revenue also beat expectations, with its cloud backlog nearly doubling. This performance highligh…
Alphabet topped Wall Street estimates for quarterly revenue growth at its cloud computing unit on Wednesday, driven by sustained enterprise spending on artificial-intelligence infrastructure.Shares o… [+2660 chars]