Alphabet (GOOGL)’s Google Cloud Computing Division Has Upto $106 billion in Commitments, Reports Bloomberg

Alphabet Inc. (NASDAQ:GOOGL) is one of the Best Stocks to Invest in for the Next 5 Years. On September 9, Bloomberg reported that Alphabet Inc. (NASDAQ:GOOGL)’s Google cloud computing division has up to $106 billion in commitments. These are from existing customer contracts that are yet to be fulfilled, reported Bloomberg while quoting the division’s CEO, Thomas Kurian. Notably, a minimum of 55%, or $58 billion, is anticipated to turn into revenue earned by the company over the upcoming 2 years as those se ...