Google Cloud has finally made a profit for the first time

Image of someone clicking a cloud icon.

Following years of heavy investments and hefty losses, Google Cloud has lastly posted its first worthwhile quarter as Alphabet CEO Sundar Pichai predicts higher occasions forward.

A $7.45 billion income in dad or mum firm Alphabet’s Q1 2023 noticed the division obtain an working earnings of $191 million, or round 2.6%. Removed from aspirational, however an enormous leap ahead in comparison with the earlier 12 months which mirrored a $706 million loss, or the $14.6 billion in losses within the three years main as much as 2021.