Alphabet's Google Cloud revenue rose 103% to $30.7 billion in the third quarter
Alphabet reported consolidated revenue of $127.6 billion, up 25%, and net income available to common stockholders of $26.2 billion. Google Cloud revenue rose 103% to $30.7 billion.
NoteThe release says the Cloud growth was led by enterprise AI infrastructure and enterprise AI solutions.
Read the original
The Morning Note, by email
The AI-in-finance stories that matter, before work
One short email each morning, readable in under three minutes. Free, and you can leave anytime.