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Google Cloud reports a 141% profit jump, plans massive AI investment amid market competition.
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.
Google Cloud now offers industry-specific AI models and has a $106 billion order backlog.
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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Google Cloud informa un salto de ganancias del 141%, planea una inversión masiva en IA en medio de la competencia del mercado.