The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
mastodon.ozioso.online
The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
mastodon.ozioso.online
@TheBadPlace@mastodon.ozioso.online
·
16h ago
US Top News and Analysis | Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand
AI generated summary, Read the full article for complete information.
In the first quarter, the three leading cloud providers all surpassed analyst expectations, with Google posting the most striking growth—its cloud revenue jumped 63% to $20.03 billion, the fastest expansion since the segment was separated in 2020. Amazon Web Services saw a 28% increase to $37.6 billion, while Microsoft’s Azure and other cloud services rose 40%, beating estimates. The surge is driven by soaring demand for artificial‑intelligence models and services, as Google pushes its Gemini AI and tensor‑processing units, Amazon expands its Bedrock AI platform, and Microsoft reports a doubling of customers using Anthropic and OpenAI models. Together, the trio expects to spend nearly $600 billion on capital expenditures this year, even as smaller “neocloud” players capture about 5% of the market.
Read more: https://www.cnbc.com/2026/04/30/google-microsoft-and-amazon-all-report-cloud-beats-in-earnings.html
#Google #Amazon #Microsoft #SundarPichai #OpenAI #Anthropic #Nvidia #SynergyResearch #CoreWeave #Nebius #
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