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Alphabet CEO: Market Demand for AI Infrastructure and Solutions Is Strong; Cloud Business Backlog Has Risen to $514 Billion
Svmuu News: On Wednesday after the market closed (Eastern Time), during Alphabet’s earnings call, CEO Sundar Pichai stated that market demand for AI infrastructure and AI solutions is extremely strong, and the company’s cloud business has seen its backlog of contracted but not yet recognized revenue grow to $514 billion. Nearly 90% of the Fortune 100 companies have implemented Gemini Enterprise. (Cailian Press)
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