Alphabet's Google Cloud Outpaces Amazon and Microsoft in Growth, Boosting Alphabet Stock Outlook
Alphabet's Google Cloud revenue surged 63% year-over-year to $20 billion in Q1, outpacing Microsoft Azure's 40% and Amazon AWS's 28% growth. The cloud backlog nearly doubled to $460 billion in three months, signaling strong momentum. This growth positions Alphabet as a potential winner in the AI-driven infrastructure shift.
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Topics: AI AWS cloud computing earnings growth Google Cloud Microsoft Azure