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Google Cloud posts $20.0B revenue and AI growth, Min Choi notes

Google Cloud posts $20.0B revenue and AI growth, Min Choi notes
Google Cloud revenue hits $20.0B

Min Choi, industry influencer, reports that revenue for Google Cloud has now crossed $20.0B.

AI products within the cloud division saw growth of nearly 800% year over year. According to Choi, CEO Sundar Pichai indicated revenue could have been even higher if Google had enough computing resources to meet demand.

Choi has previously reported on other major technology investments. In one post, he covered how Google’s $900 million SpaceX investment in 2015 could be worth $140 billion if a $2 trillion IPO takes place. Choi also noted OpenAI’s recent $122 billion funding round at an $852 billion valuation.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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