Alphabet Inc. reported first-quarter revenue excluding partner payouts of $94.7
billion, above analysts’ estimate of $91.6 billion, according to Bloomberg data.
Google Cloud sales reached $20 billion, exceeding expectations of $18.4 billion,
driven by growth in its computing unit as the company scales AI infrastructure
through heavy data center investment. Investors view cloud demand as a key
indicator of AI adoption as Alphabet competes with Anthropic and OpenAI.
