Google announced Tuesday that it has added stablecoin support to its new payment framework, designed to allow seamless transactions between AI applications. According to a September 16 Fortune report, Google’s new AI payment protocol supports both stablecoins and conventional payment methods, including credit and debit cards. For stablecoin integration, Fortune reported that Google partnered with crypto exchange Coinbase, which operates its own AI and crypto payment platform. Google Stablecoin Support S ...

Google Cloud’s chief executive has reportedly outlined how the company is generating revenue through AI services.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.“We’ve made billions using AI already,” Thomas Kurian ...

Alphabet Inc.‘s GOOGL GOOG Google Cloud has projected a revenue increase of at least $58 billion in the next two years, underlining the division’s pivotal role in the company’s future.Google Cloud Projects 55% Of Revenue From Backlog In 2 YearsThomas Kurian, the head of the unit, stated at the Goldman Sachs Communacopia + Technology conference that about 55% of the $106 billion backlog is anticipated to turn into revenue over the next two years, not accounting for any new contracts or clients, reported Reut ...