Alphabet Inc., the parent company of Google, has crossed the $100 billion mark in quarterly revenue for the first time. A standout in this achievement is Google Cloud, generating $15.15 billion, marking an impressive 35% growth compared to the previous year. This surge is fueled by the escalating demand for AI products, now used by over 70% of Google Cloud's customers.
Additionally, Google's search business contributed significantly with $56.56 billion in revenue, seeing a 15% increase from the third quarter of 2024. These milestones underscore Alphabet's robust growth and strategic focus on AI technologies.
Source: CNBC
