Google Cloud revenue surges 82% on strong enterprise AI demand

Google Cloud revenue surged 82% in the latest quarter, driven by strong enterprise demand for artificial intelligence, Google Cloud CEO Thomas Kurian announced. Capital expenditures are expected to reach approximately $200 billion this year to support AI infrastructure.

google cloud 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. Tom Krazit Jul 22, 2026 - 2 min read Google Cloud CEO Thomas Kurian speaks at Google Cloud Next 2026. Credit: Google Cloud Get the full story: Subscribe for free Join peers managing over $100 billion in annual IT spend and subscribe to unlock full access to The Stack’s analysis and events. Subscribe now Already a member? Sign in