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Google parent Alphabet's cloud unit beats quarterly revenue estimates on strong AI demand

April 29, 2026
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Alphabet's cloud unit revenue surged 63 to 20 billion, exceeding estimates and driven by strong enterprise spending on AI infrastructure. The company's overall revenue also beat expectations, with its cloud backlog nearly doubling. This performance highlights Alphabet's significant gains in the competitive AI market, bolstered by its Gemini models and a key partnership with Apple.

Economic Times
Economic Times

Coverage and analysis from India. All insights are generated by our AI narrative analysis engine.

India
Bias: center

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