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Google’s Booming Cloud Unit Helps Alphabet Overcome Ad Growth Slowdown

The Information · Erin Woo · last updated

Alphabet said its revenue grew 15% year-over-year to $88.3 billion in the third quarter, driven by acceleration in Google’s revenue from renting out cloud servers, which also includes the sale of artificial intelligence to businesses. The cloud result helped Alphabet overcome a dip of nearly 1 …

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