Alphabet Inc. has said demand for its cloud services is increasing at a rapid clip, pointing to growth in its backlog, or cloud contracts it hasn’t yet fulfilled. However, more than a third of that quarterly growth comes from a joint venture the company partly owns.
Alphabet Inc. has said demand for its cloud services is increasing at a rapid clip, pointing to growth in its backlog, or cloud contracts it hasn’t yet fulfilled. However, more than a third of that quarterly growth comes from a joint venture the company partly owns.
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