Google Cloud Q3 2024 revenue hits $11.4bn, data center spend set to increase in 2025
Company announced $7bn in data center investments during the quarter
News - Alphabet
The latest news from the data center, telco, and cloud sector
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Microsoft signs carbon removal deals with Undo and Eion
As Frontier signs agreement with CarbonRun
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Shares in Nvidia dropped 15 percent in two weeks; Alphabet, Microsoft, and Apple also fall
Industry experts cite concerns around AI revenue
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Alphabet's DAC spin-out 280 Earth secures $40m deal from consortium including Google and Meta
Companies funding more than 61,000 tons of carbon removal in Oregon
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Australia's national science agency partners with Alphabet moonshot unit for new inverter prototype
CSIRO partners with X lab’s Tapestry
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Google expects to spend $12bn per quarter on technical infrastructure
Cloud revenues up 28 percent in first quarter
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Meta and Alphabet's X developing direct air capture systems using data center waste heat
Both companies are working on separate efforts to capture CO2
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Google to invest $35 million into carbon capture projects
Company makes carbon capture purchases through Frontier
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Alphabet spin-out Sidewalk Infrastructure Partners launches a new data center-focused unit out of stealth
Verrus promises design to meet variable loads and grid-awareness
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Google Cloud posts $9.2bn in revenue for Q4 2023; Microsoft Cloud revenue up 24% YoY
Bolstered by AI growth
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US Federal Trade Commission launches investigation into hyperscale investments in AI firms
Targets OpenAI, Microsoft, Google, Amazon, and Anthropic
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Liberty Networks deploys Taara to bolster connectivity in Caribbean
Taara was deployed as part of a subsea cable repair
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Google to invest up to $2bn in generative AI startup Anthropic
Amazon previously invested $4bn
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Google applies to develop Kansas City data center
Company begins making movements in Northland, Kansas City, nearly two years after purchasing land
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Amazon, Intel, Apple, Nvidia, Alphabet, and Samsung in talks to invest in Arm's $60 billion IPO
Big tech looks to keep the chip designer neutral
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Alphabet CFO Ruth Porat made president and chief investment officer
Will take charge of Other Bets
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Google data center projects delayed, but company makes "meaningful increase" in AI compute investment
Alphabet earnings show growth, mainly propelled by ad sales
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Bharti Airtel and Alphabet's Taara project will use lasers for rural Internet in India
The Taara project recycles the laser backbone of Google's failed Project Loon
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Google increases server life to six years, will save billions of dollars
While Meta ups to five years
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Google to lay off 12,000 workers globally
The company is about to lose 6 percent of its workforce
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Adaire Fox-Martin takes charge of Google Cloud sales, in a bid to boost profits
Google reshuffles to catch up with Azure and AWS
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Alphabet shareholder calls on Google to lay off staff
Says it should halve its 'Other Bets,' and increase share repurchases
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Alphabet Workers Union files NLRB complaint against Google and contractors
Union claims data center staff facing discrimination for protected activities
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Alphabet spins out Aalyria, will offer networking tech originally developed for Project Loon
High altitude balloon-based Project Loon lives on in spirit
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Google Search hit by global outage
It's not clear if it was related to an accident at a Google data center
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Amazon, Apple, Google, and Microsoft used gold from alleged illegal Brazilian mines
But the companies bought the mine from a legal intermediary
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Microsoft lays off <1% of staff, Meta asks managers who to fire, Google slows hiring
As hyperscalers brace for a global economic slowdown
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Alphabet, Microsoft, and Salesforce launch $500m First Movers carbon capture group
New members add money to the carbon removal scheme at Davos