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Analysts think Google Cloud’s earnings show its AI strategy is working — here’s why


Google Cloud is riding a wave of optimism after an impressive earnings report and appears to be finally gearing up for a major challenge in the generative artificial intelligence race, experts say IT Pro.

The cloud division recorded revenue of $9 billion for the first quarter of 2024, up from just under $7.5 billion in 2023. At the same point in 2022, Google Cloud generated barely $6 billion, showing a bigger jump this year for the hyperscaler.

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