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# Google justifies its massive AI spending with a booming cloud business

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments

## Summary

Alphabet's Q2 2026 earnings show Google Cloud revenue surging 82% year-over-year to $24.8 billion, driven by enterprise AI adoption and AI infrastructure services. Overall company profit hit $112.1 billion, up massively from $28.1 billion the prior year, with total revenue growing 24% to $119.8 billion. Gemini now has 950 million monthly active users, up from 750 million in Q4 2025. Despite capital expenditure plans of $180–190 billion for the year, CEO Sundar Pichai expressed confidence in the investments, citing strong demand indicators and long-term deals.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/07/22/google-justifies-its-massive-ai-spending-with-a-booming-cloud-business>

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Tags: [#cloud](https://daily.dev/tags/cloud), [#google](https://daily.dev/tags/google), [#gcp](https://daily.dev/tags/gcp), [#google-gemini](https://daily.dev/tags/google-gemini), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure)

[View this post on daily.dev](https://daily.dev/posts/google-justifies-its-massive-ai-spending-with-a-booming-cloud-business-6gfiupzxz)

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