Alphabet Plunges by Record With AI Exposure Topping $1 Trillion

Alphabet Inc. has said demand for its cloud services is increasing at a rapid clip, pointing to growth in its backlog of cloud contracts that it hasn’t yet fulfilled. However, more than a third of that quarterly growth comes from a joint venture the company partly owns.

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2026-10-29 15:45 · Bloomberg AI
Alphabet Plunges by Record With AI Exposure Topping $1 Trillion

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