Google’s $4.7 Trillion AI Play Gets New Cloud Driver
Alphabet shares rose 0.3% to $390.13 Thursday after Google Cloud announced new AI partnerships with EQT and Workday. The Nasdaq closed at a record high, boosted by tech stocks. Alphabet’s first-quarter revenue climbed 22% to $109.9 billion, with Google Cloud sales up 63% to $20 billion. The company’s market value stands near $4.73 trillion.