Google Is Betting Billions More on Its Cloud Business

Google is betting billions more on its cloud business

Google Cloud beat Wall Street’s expectations in the second quarter. Next, Alphabet is investing billions more in the service to meet demand

Sundar Pichai ‘very excited’ about OpenAI partnership as Google increases spending

Alphabet CEO Sundar Pichai commented on Google Cloud’s recently-announced partnership with OpenAI during Google’s second quarter earnings call on Wednesday. OpenAI recently included Google among its suppliers, according to an updated list. This deal was finalized in May after months of discussion, according to Reuters. “With respect to OpenAI, look, we are very excited to be partnering with them on Google Cloud,” Pichai said. “Google Cloud is an…

Google Powers Its Rival: Inside the Risky OpenAI Cloud Partnership

As Google Search faces pressure from ChatGPT, Sundar Pichai embraces a lucrative but risky alliance with its biggest… The post Google Powers Its Rival: Inside the Risky OpenAI Cloud Partnership appeared first on IMP.NEWS.

Google Cloud cranks up capex as revenue, backlog soar

Alphabet said it will spend more to meet cloud demand as its backlog climbed past $100 billion.

Google Chief Says Cloud Spend Is Paying Off - Cybernoz - Cybersecurity News

As Google Cloud posts a big increase for the company’s second quarter, Sundar Pichai, the CEO of parent company Alphabet, has acknowledged the need to address how to partner with agentic artificial intelligence (AI) providers. The public cloud business posted revenue of $13.6bn for the quarter ending 30 June, an increase of $3.3bn compared with the same quarter in 2024. “AI is positively impacting every part of the business, driving strong momen…