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Google's AI-fueled gains in cloud bode well for Amazon, Microsoft

By Deborah Mary Sophia

Oct 31 2024 6:11AM

Market for AI-aided computing power is only growing.

Google's AI-fueled gains in cloud bode well for Amazon, Microsoft

Google-parent Alphabet's breakout cloud sales in the July-September quarter bode well for top cloud providers Microsoft and Amazon.com, and signal that market for AI-aided computing power is only growing. The company's stock rose 5.5 percent, a day after Alphabet posted a 35 percent surge in ...

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