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Google Cloud’s growth outpaces AWS in Q3
Google Cloud has achieved notable growth in the cloud computing sector, surpassing its rivals in year-over-year expansion.
In the third quarter, Google Cloud’s revenue increased by 35%, reaching US$11.35 billion.
Amazon Web Services, although retaining its status as the leading market player, experienced a 19% growth to US$27.45 billion. This marks a slower growth rate compared to Google Cloud.
Google Cloud’s rapid development signals a strategic pivot for Alphabet, its parent company, reducing reliance on digital advertising.
Recent Google developments
| Timeline |
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04-Nov-2024 🌟 Google boosts Arabic AI with $15m MENA initiative
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04-Nov-2024 🗺️ Google Maps adds AI-curated activity suggestions in US
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01-Nov-2024 🗺️ Google Maps adds Gemini for personalized search
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31-Oct-2024 💻 Google challenges Intel with 60% greener Axion CPU
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| 30-Oct-2024 ☁️ Google Cloud revenue jumps 35% with AI focus |
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