Google Cloud Surges Past AWS, Azure with 82% Revenue Growth
Google Cloud revenue skyrocketed 82% year over year to $24.8 billion in the second quarter, outpacing its competitors.
AWS grew 37%, while Azure reported a 43% increase in revenue for the same period.
The accelerated growth is driven by demand for cloud services, particularly artificial intelligence (AI) solutions and infrastructure.
Google Cloud's backlog reached $514 billion, representing about five years of work at current revenue pace.
Sundar Pichai, Alphabet CEO, attributed the supply constraints to 'momentum and rapid adoption.'