Alphabet says Google Cloud hit a $100B run rate as Gemini reaches 950M users
RealGeneKim · x · 2026-07-24
- In Sundar Pichai’s Q2 update, Alphabet said revenue rose 24% YoY and Google Cloud accelerated to 82% growth.
- Google Cloud is now described as a $100B annual run-rate business, with roughly $9B operating income in the quarter and nearly 20% of Google revenue.
- Gemini reached 950M monthly active users, model APIs are processing 22B tokens per minute, and Gemini Enterprise is reportedly used by 90% of the Fortune 100.
- Pichai also said demand is strong for Google’s security products and that AI investments are reshaping Search, YouTube and the Gemini app.
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