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GOOGLEarnings2026-04-29
Alphabet's CEO says enterprise AI has become Cloud's main growth driver, with revenue from generative AI products up nearly 800% from a year ago.
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Sundar Pichai · Alphabet Investor Relations · Alphabet 2026 Q1 Earnings Call
“Our Enterprise AI solutions have become our primary growth driver for Cloud for the first time. In Q1, revenue from products built on our gen AI models grew nearly 800% year over year. We are winning new customers faster, with new customer acquisition doubling compared to the same period last year.”
Key terms
- gen AI models
- — Generative AI systems that create text, images, code or other content in response to prompts.
- Enterprise AI solutions
- — AI software and services sold to businesses rather than to consumers.
Educational summary of a public statement. Not investment advice.