Google Cloud sees strong quarter, revenue up 28% YoY
Revenue for cloud business reaches $12.3 billion
News - Alphabet
The latest news from the data center, telco, and cloud sector
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Frontier to buy $33m in carbon credits from enhanced rock weathering firm Eion
Will remove 78,707 tons of CO2 by 2030
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Taara exits Alphabet’s X labs, secures external funding
Freespace optics company reveals new optical chip
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Vodafone pilots using drones equipped with Taara nodes for emergency connectivity
Telco trialing free-space optics for when underground fiber is damaged
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Google ditches promise not to develop AI weapons
U-turn on 2018 commitment
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Google expects 2025 capex to surge to $75bn on AI data center buildout
But Google Cloud revenues disappoint, and shares fall
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Google Cloud Q3 2024 revenue hits $11.4bn, data center spend set to increase in 2025
Company announced $7bn in data center investments during the quarter
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Microsoft signs carbon removal deals with Undo and Eion
As Frontier signs agreement with CarbonRun
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Shares in Nvidia dropped 15 percent in two weeks; Alphabet, Microsoft, and Apple also fall
Industry experts cite concerns around AI revenue
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Alphabet's DAC spin-out 280 Earth secures $40m deal from consortium including Google and Meta
Companies funding more than 61,000 tons of carbon removal in Oregon
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Australia's national science agency partners with Alphabet moonshot unit for new inverter prototype
CSIRO partners with X lab’s Tapestry
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Google expects to spend $12bn per quarter on technical infrastructure
Cloud revenues up 28 percent in first quarter
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Meta and Alphabet's X developing direct air capture systems using data center waste heat
Both companies are working on separate efforts to capture CO2
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Google to invest $35 million into carbon capture projects
Company makes carbon capture purchases through Frontier
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Alphabet spin-out Sidewalk Infrastructure Partners launches a new data center-focused unit out of stealth
Verrus promises design to meet variable loads and grid-awareness
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Google Cloud posts $9.2bn in revenue for Q4 2023; Microsoft Cloud revenue up 24% YoY
Bolstered by AI growth
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US Federal Trade Commission launches investigation into hyperscale investments in AI firms
Targets OpenAI, Microsoft, Google, Amazon, and Anthropic
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Liberty Networks deploys Taara to bolster connectivity in Caribbean
Taara was deployed as part of a subsea cable repair
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Google to invest up to $2bn in generative AI startup Anthropic
Amazon previously invested $4bn
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Google applies to develop Kansas City data center
Company begins making movements in Northland, Kansas City, nearly two years after purchasing land
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Amazon, Intel, Apple, Nvidia, Alphabet, and Samsung in talks to invest in Arm's $60 billion IPO
Big tech looks to keep the chip designer neutral
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Alphabet CFO Ruth Porat made president and chief investment officer
Will take charge of Other Bets
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Google data center projects delayed, but company makes "meaningful increase" in AI compute investment
Alphabet earnings show growth, mainly propelled by ad sales
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Bharti Airtel and Alphabet's Taara project will use lasers for rural Internet in India
The Taara project recycles the laser backbone of Google's failed Project Loon
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Google increases server life to six years, will save billions of dollars
While Meta ups to five years
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Google to lay off 12,000 workers globally
The company is about to lose 6 percent of its workforce
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Adaire Fox-Martin takes charge of Google Cloud sales, in a bid to boost profits
Google reshuffles to catch up with Azure and AWS
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Alphabet shareholder calls on Google to lay off staff
Says it should halve its 'Other Bets,' and increase share repurchases