Google cloud revenue up 82% — and the AI spending frenzy is finally paying off
google cloud revenue hit $24.8b, up 82% yoy, proving enterprise ai is finally driving the returns investors demanded.
alphabet's earnings report showed google cloud revenue spiking 82% year-over-year to $24.8b, driven primarily by enterprise ai solutions and infrastructure. this performance eased investor concerns regarding the company's estimated $180b-$190b annual capital expenditures on data centers and chips. the company also reported that gemini now boasts 950m monthly active users, up from 750m in q4 2025. these results validate the strategy to aggressively spend on ai to capture the enterprise market.