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Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand [MSNBC.com]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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In this articleGoogle Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco, April 9, 2019.Michael Short | Bloomberg | Getty ImagesAll three top cloud infrastructure providers surpassed analyst estimates in earnings reports late Wednesday, butGoogle is chasingAmazonMicrosoft"Wow, that was some quarter," Synergy Research analyst John Dinsdale said in an email after the results were released. His firm estimated that cloud infrastructure spending reached $129 billion in the period."Our forecasts point to sustained strong growth in the years ahead, with continuing to drive usage, unlock new use cases, and boost cloud provider revenues," Dinsdale said in Synergy's update.Google Cloud, which includes infrastructure and corporate productivity apps, sawIn addition to offering a full infrastructure suite for workloads, Google is firmly competing with Open and Anthropic in the market for models, as Gemini continues to gain adoption. The company is also seeing acceler
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