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your article from "Dec. 17, 2019" more relevant: "Google Cloud growth slows, losses grow, bosses unworried" Server spend surges across Alphabet’s empire http
by pella 4y ago
your article from "Dec. 17, 2019"
more relevant:
"Google Cloud growth slows, losses grow, bosses unworried"
Server spend surges across Alphabet’s empire
https://www.theregister.com/2022/07/27/alphabet_q2_2022/ https://www.theregister.com/2022/07/27/alphabet_q2_2022/
"Alphabet CFO Ruth Porat weighed in, too, stating that the company is “investing to support the long-term growth and given the upside that we see … looking at the path to profitability.”
Neither Porat or Pichai offered a timeframe for Google’s cloud producing a profit.
Pichai suggested that Google’s ongoing investment in AI may help, by allowing the creation of differentiated products."
- stingraycharles 4y agoGoogle claiming that they’re in it for the long haul, or any company for that matter, means almost nothing. If they didn’t say that, it would be a self-fulfilling prophecy.
- jtthe13 4y agoYes. You could certainly dig up similar quotes about Google+ being the backbone of Google services.