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flag Google Cloud reports a 141% profit jump, plans massive AI investment amid market competition.

flag Google Cloud CEO Thomas Kurian announced the company is focusing on AI to boost its cloud business, reporting a 141% increase in operating profit to $2.83 billion in Q2. flag Google Cloud now offers industry-specific AI models and has a $106 billion order backlog. flag The company plans to invest $85 billion by 2025, largely in AI infrastructure, aiming to dominate the market despite regulatory challenges.

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