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Alphabet Google Cloud revenue hits $24.8 billion, accelerating growth

The Motley Fool +1 ·

GOOGL Alphabet Inc
$351.66 +0.97%
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  1. 1Alphabet CEO Sundar Pichai revealed that Google's monthly Gemini app user count has reached 950 million.
  2. 2Google Cloud revenue reached $24.8 billion in the second quarter, achieving an 82% increase compared to the same period last year.
  3. 3Sundar Pichai stated during the second quarter earnings call that Google Cloud holds a revenue backlog of $514 billion.

So what's the key point?

Google Cloud revenue grew by 82% compared to last year. This means Google's cloud business is growing very quickly.

Source The Motley Fool +1 · View original ↗

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