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Google Cloud revenue surges 82% on strong enterprise AI demand

Cap ex will also surge to around $200 billion this year, and that is a lot of tokens.

By Tom Krazit

Jul 22, 2026 11:05 PM 2 min read

Google Cloud CEO Thomas Kurian speaks at Google Cloud Next 2026 in front of a slide promoting Gemini Enterprise — Google Cloud CEO Thomas Kurian speaks at Google Cloud Next 2026. (Credit: Google Cloud)

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Tom Krazit

Tom Krazit is The Stack's Editor-in-Chief. He has covered the technology industry for over 20 years, focused on enterprise technology during the rise of cloud computing over the last ten years at Gigaom, Structure and Protocol.