Google Cloud becomes Alphabet's new main profit source
Google Cloud achieved rapid growth and high profitability, with its revenues soaring by 82% to nearly $25 billion in the last quarter, and its operating margin rising to around 36%. This success was driven by strong demand for infrastructure and AI solutions, turning cloud services into the main profit engine for Alphabet, highlighting a strategic shift away from primarily relying on advertising. Despite increased capital expenditures reaching $45 billion and a decline in free cash flow, the exceptional growth reflects Google's ability to generate substantial profits from its investments in artificial intelligence technology.
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