Google Cloud chief details how search giants is making billions monetizing its AI products
1. Google Cloud's backlog reached $106 billion, growing rapidly. 2. AI service monetization has already generated billions for Google. 3. Cloud revenue increased 32% YoY to $13.62 billion last quarter. 4. Google won a $10 billion contract with Meta, enhancing competitive positioning. 5. 28% quarter-over-quarter growth in new customers for Google Cloud reported.