Apr. 30 at 11:33 PM
Big Tech earnings highlighted a widening gap in the AI race: Alphabet and Amazon are showing clearer returns from AI investment, while Meta continues to struggle to demonstrate monetization.
Alphabet stood out with strong AI-driven growth, led by its cloud business, which generated
$20B in revenue, and a backlog that nearly doubled to over $ 460B. CEO Sundar Pichai said AI adoption is accelerating across products like Gemini, signaling strong commercial traction.
Amazon also posted solid AI momentum, with cloud revenue rising 28% year over year, the fastest pace in over two years. Growth in its cloud division continues to reflect rising demand for AI infrastructure and related services.
Microsoft reported steady cloud acceleration, forecasting about 40% growth in Azure, though investor reaction was relatively muted.
Meta lagged behind peers, despite heavy AI spending.
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