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But we saved everything 🙂.
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.