Google Cloud, the cloud computing division of Alphabet Inc., has reported an impressive second quarter, showcasing remarkable growth in both operating profits and revenue. With a significant boost in operating profits to $395 million, compared to a loss of $590 million in the same quarter last year, Google Cloud is positioning itself as a formidable player in the cloud computing market. In line with its parent company Alphabet’s quarterly earnings, Google Cloud’s operating profits for the second quarter mark a substantial improvement. This follows its first-ever profit of $191 million in the previous quarter. The company’s revenue also experienced a notable rise, reaching over $8 billion, representing a 28% increase from the previous year. During a conference call with analysts, Sundar Pichai, the CEO of Google and Alphabet, attributed the growth to several factors. One key driver was the increased utilization of Google Cloud’s infrastructure by customers for training and delivering generative AI models. Pichai emphasized that the demand for generative AI is expanding their total addressable market and attracting new customers. Google Cloud’s strong financial performance reflects its growing market share in the cloud computing industry. The company’s success is not an isolated case, as other tech giants such as Microsoft and Amazon have also reported strong growth in their cloud computing divisions.