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Google's Cloud Empire Strikes Back: AI Surge Powers 35% Growth Explosion

Big Tech's cloud computing battle just got spicier as Google's AI investments are finally paying off

Why it matters: 

Big Tech's cloud computing battle just got spicier as Google's AI investments are finally paying off, showing savvy investors where the next wave of tech profits might come from.

The big picture: 

Google parent Alphabet just dropped a Q3 earnings bomb that sent shares soaring 6% after hours. The real star? Its cloud division, which rocketed up 35% year-over-year to $11.35 billion, powered by enterprise AI offerings.

Think of it as Google's "money printer goes brrr" moment – but with actual substance backing it up. The company's core search business isn't just surviving, it's thriving at $49.4 billion (+12.3% YoY).

Go deeper:

  • AI Monetization 2.0: Google's "full stack" AI approach is creating a virtuous cycle across its product suite, from cloud services to YouTube recommendations

  • Hidden Gem Alert: Google Lens now processes 20 billion visual searches monthly, potentially unlocking new e-commerce revenue streams

  • Efficiency Play: New CFO is wielding AI like a cost-cutting samurai, streamlining operations while investing in growth

What they're saying: 

"I plan to build on these efforts but also evaluate where we might need to pivot to free up capital for more attractive opportunities," says CFO Anat Ashkenazi, signaling more strategic moves ahead.

The bottom line: 

Google has been quietly building an AI-powered money machine. For investors, this could be your chance to ride the next major tech wave – just remember to dollar-cost average and keep your position sizing responsible.