Google boosts AI spending again as cloud unit soars
This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Dive Brief: Google reaped the rewards of rising enterprise AI services demand during the third quarter, reaching $102 billion in revenues during the period ending Sept. 30, executives said during an earnings call Wednesday. Cloud revenues soared in Q3 for the hyperscaler, growing 34% year over year to $15.2 billion. Google's cloud unit sustained profitability and brought ...