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Google Cloud's next big moment—and what it needs to continue its ascent [Fortune]
Last microsoft corporation earnings: 4/29 04:06 pm
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US:NASDAQ Investor Relations: microsoft.com/en-us/investor
And this week, the company is set for its next big moment, as it brings together its stakeholders at the fast-growing Google Cloud Next event in Las Vegas. Recommended Video Though Google Cloud Platform still trails its rivals in terms of market share, the business is growing fast, with Q4 cloud revenue increasing 48% to $17.7 billion. Meanwhile, Google's cloud revenue backlog more than doubled in 2025, growing to $240 billion by the end of last year. Google's also said AI customers on average use 1.8x as many Google products as non-AI customers. Cloud Next, which has long outgrown San Francisco's Moscone Center, will be a moment for the company to mark its progress in the cloud wars, a competition where it was once left for dead. Given the AI race's speed, it won't be safe for Google to take a breath, though. With the rise of Claude Code and OpenAI's Codex, the company's now under pressure to bolster its own agentic coding play. Google's reportedly created a “strike team” to
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