Google Cloud revenue jumps 82% in Q2 on strong AI demand; Gemini Enterprise used by 90% of Fortune 100: Pichai
New Delhi, July 23 -- Google's cloud business grew by a robust 82 per cent in the Q2 driven by strong AI-led demand and increasing adoption of Gemini Enterprise, which is now used by nearly 90 per cent of Fortune 100 companies, said Google CEO Sundar Pichai.
Alphabet Inc., Google's parent company, reported a 24 per cent year-on-year increase in revenue in the second quarter, with total revenue rising to USD 119.8 billion from USD 96.43 billion a year earlier, as per an exchange filing.
"Consolidated Alphabet revenues increased 24%, or 23% in constant currency, to $119.8 billion, reflecting strong performance across the business and our 12th consecutive quarter of double-digit revenue growth," the release noted.
As per the filing, Googl...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.