Google Cloud Anticipates at Least $58 Billion Revenue Boost over Next Two Years

Google Cloud's remaining performance obligation at $106B, growing faster than revenue

Google Cloud's CEO Thomas Kurian said the company was capturing new customers faster because it has product differentiation due to years of work in AI.

Google Cloud's $58 Billion Revenue Surge: A Glimpse into Tech's Future

Google Cloud's $58 Billion Revenue Surge: A Glimpse into Tech's Future Alphabet’s Google Cloud has announced a forecasted $58 billion in new revenue over the next two years. This move underscores the importance of Google's cloud division as a pivotal component of the tech giant's future growth strategy.With the cloud division already exceeding a $50 billion annual revenue rate, its backlog of non-recognized sales contracts is expanding rapidly, …

Google Cloud anticipates at least $58 billion revenue boost over next two years

SAN FRANCISCO :Alphabet’s Google Cloud revealed Tuesday it has lined up about $58 billion in new revenue over the next two years as it vies to become a more central component of the tech giant's future.The company said during its July earnings that the cloud division had surpassed a $50 billion annual reve

Google Cloud Forecasts $58 Billion in Revenue Commitments by 2027

Google Cloud has forecasted about $58 billion in revenue commitments over the next two years, signalling the growing importance of the division to Alphabet’s future strategy as AI transforms the tech industry. The cloud unit, which recently surpassed a $50 billion annual run rate, disclosed the figure at the Goldman Sachs Communacopia + Technology Conference, Reuters reported.  Google Cloud’s chief executive officer, Thomas Kurian, said roughly …

Google cloud forecasts US$58 billion revenue boost by 2027

Alphabet is among tech companies racing to build out data centre capacity in order to serve growing demand for artificial intelligence processing

Google Cloud's AI Monetization Drives $10.3B Q2 Revenue, $106B Backlog

Google Cloud’s push into artificial intelligence is yielding tangible financial returns, as the company shifts from heavy investments to revenue-generating models. In a recent interview, Google Cloud CEO Thomas Kurian outlined how the division is capitalizing on AI through consumption-based pricing, where customers pay based on usage rather than fixed fees. This approach, Kurian explained, aligns with the variable demands of AI workloads, allowi…