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Alphabet Cloud Profit Skyrockets as AI Demand Powers a Surprise Revenue Beat
Business
Published on 29 April 2026
Cloud backlog nearly doubles as AI infrastructure spending surges
Alphabet’s cloud unit delivered a major upside, with revenue jumping 63% to $20 billion and beating estimates as enterprises splurged on AI infrastructure. The company’s overall results also topped forecasts, aided by a near-doubling cloud backlog. Analysts point to Gemini momentum and Apple partnership as Alphabet pushes deeper into the AI race.
- Cloud revenue rose 63% to $20 billion, beating expectations
- AI-driven enterprise spending boosted demand for infrastructure
- Cloud backlog nearly doubled, signaling sustained momentum
- Gemini models and Apple partnership helped strengthen performance
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times