StocksMedium•10 October 2026•
1 min read
Google Cloud Revenue Surges 82% as Gemini AI Reaches 950M Users
Key Facts
1Google Cloud revenue grew 82% to $24.8 billion in the last quarter.
2The Gemini AI app reached 950 million monthly active users.
Google Cloud revenue grew 82% to $24.8 billion in the last quarter, according to reporting by The Motley Fool. The Gemini AI app also reached a milestone of 950 million monthly active users, signaling a significant shift in Alphabet's primary growth drivers.
GOOGL closed at $351.66 on October 9, 2026, amid mixed performance among technology peers as MSFT closed at $535.07 and META closed at $718.67 on the same date. These results indicate the company is successfully transitioning its business model to the AI era, with cloud services and AI tools offsetting potential shifts in traditional search.