Google Cloud surges ahead as Big Tech pours 700 billion into AI race

Published on 30 April 2026

Alphabet’s cloud gains appear powered by its AI tools

Alphabet’s cloud business is accelerating faster than Amazon and Microsoft, with Google’s AI tools increasingly driving demand. Meanwhile, Big Tech’s AI spending is set to exceed $700 billion this year, as companies race to build the infrastructure behind next-gen models. Investors are watching the link between AI investment and cloud growth closely.

Alphabet’s cloud growth outpaces major rivals
Big Tech AI spending is projected to top $700 billion
Google’s AI tools are key to cloud momentum
AI infrastructure investment is expected to keep rising

#alphabet #big tech #google cloud #ai spending #cloud computing

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Google Cloud surges ahead as Big Tech pours 700 billion into AI race

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