Google Cloud chief Thomas Kurian said at the Goldman Sachs Communacopia and Technology Conference that the company has already generated billions in revenue from artificial intelligence. He noted Google Cloud’s $106 billion backlog is growing faster than revenue, with more than half expected to convert within two years, according to CNBC. Alphabet reported $13.62 billion in second-quarter cloud revenue, up 32% year-over-year, while net income rose nearly 20% to $28.20 billion. Kurian outlined monetization through consumption-based pricing for GPUs, TPUs, and AI models, subscription tiers for Workspace and Gemini, and cybersecurity offerings. He also highlighted upselling strategies, pointing to strong customer expansion with 28% sequential growth in new wins during the first half of the year. Nearly two-thirds of customers now use Google Cloud AI tools meaningfully, Kurian said, adding that AI adoption is driving higher commitments and revenue growth.
