[BIG TECH]■ STORY TIMELINE
GOOGLE CLOUD BACKLOG HITS $514B ON AI DEMAND
Alphabet reported its cloud computing division has a $514 billion backlog of contracted work not yet recorded as revenue, reflecting strong demand for services powering the artificial intelligence sector.
Bloomberg Tech+0m
Alphabet Inc. said its cloud computing unit had a $514 billion backlog of contracted work that hasn’t been recorded as r…