Google Cloud soars amid AI demand as antitrust shadows fall over ad business

As the first major US tech giant to report quarterly earnings, Alphabet delivered third-quarter results that outpaced analysts’ predictions. Fueled by soaring demand for AI computing power, development tools, and resources, Alphabet’s cloud services saw significant growth. However, the stakes are high: looming antitrust investigations by US regulators and fierce competition in search advertising could cast a shadow over Alphabet’s future momentum.
{Categories} _Category: Applications{/Categories}
{URL}https://www.digitimes.com/news/a20241101PD222/alphabet-antitrust-demand-google-cloud-google.html{/URL}
{Author}Jerry Chen{/Author}
{Image}https://img.digitimes.com/newsshow/20241101pd222_files/1_b.jpg{/Image}
{Keywords}ICT{/Keywords}
{Source}Applications{/Source}
{Thumb}{/Thumb}