Alphabet Cloud Backlog Hits $514B as AI Demand Surges

2026-07-23 08:03

Woofun AI reports that Alphabet CEO Sundar Pichai highlighted robust market demand for AI infrastructure and solutions during the company's earnings call. The cloud business backlog, representing signed contracts with unrecognized revenue, has expanded to $514 billion.

Additionally, nearly 90% of Fortune 100 companies have adopted Gemini Enterprise.

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