Alphabet cloud backlog exceeds $514 billion
GOOGL Alphabet Inc
$350.36 +0.77%
View chart & analysis → - 1Alphabet's cloud backlog reached $514 billion.
- 2Alphabet's top line revenue of approximately $25 billion grew 82% last quarter.
- 3Alphabet is investing $811 billion primarily for AI infrastructure.
So what's the key point?
Alphabet's cloud service preorders have surpassed $514 billion. The company plans to spend $811 billion on artificial intelligence infrastructure.
Source The Motley Fool +1 · View original ↗
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