Google Cloud's 82% Surge Exposes Cracks in AWS Dominance as AI Spend Reshapes the Market

Google Cloud's 82% Surge Exposes Cracks in AWS Dominance as AI Spend Reshapes the Market

Google Cloud posted $24.8 billion in revenue for the second quarter of 2026. That marked an 82% jump from the year-ago period. Microsoft’s Azure grew 43%. Amazon Web Services expanded 37% to $42.2 billion. The numbers tell a story of acceleration at the smallest of the big three. And the fuel is unmistakable. Enterprises can’t get enough compute for training and inference. They sign long-term deals that lock in capacity years out. Backlogs swell…

Google Cloud Grew 82% Last Quarter. Azure Grew 43% and AWS Grew 37%.

Key PointsGoogle Cloud revenue climbed 82% year over year to $24.8 billion in the second quarter, accelerating from 63% growth in the first.Microsoft reported 43% growth in Azure and other cloud services for the quarter ended June 30, while Amazon Web Services grew 37%.Google Cloud's backlog reached $514 billion, and Alphabet says it remains supply constrained.10 stocks we like better than Alphabet › The three biggest cloud computing providers a…