Google Cloud
Google Cloud is differentiated because we are the only provider to offer first-party solutions across the entire enterprise AI stack. Our growth in revenue, operating margin and backlog highlights this differentiation. 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.
- We are seeing strong deal momentum, doubling the number of $100 million to $1 billion deals year-on-year, and signing multiple billion-dollar-plus deals.
- And we are deepening relationships with existing customers, with customers outpaced their initial commitments by 45%, accelerating over last quarter.
At Cloud Next last week, we introduced hundreds of new capabilities across our vertically optimized AI stack that are designed to work together for our enterprise customers.
We introduced a new Gemini Enterprise Agent Platform that empowers users to build, orchestrate, govern and optimize agents with the controls that enterprise customers need.
- Along with new capabilities in Gemini Enterprise app — like Projects, Canvas, Long Running Agents and Skills – every employee can build agents.
- In Q1, Gemini Enterprise paid monthly active users grew 40% quarter-over-quarter. That includes major global brands like Bosch, Citi Wealth, Merck and Mars, Inc..
- Our partner ecosystem plays an increasingly critical role in driving Gemini Enterprise adoption. We saw 9x year-over-year growth both in seats sold with partners, and in the number of partners adopting it for internal use.
This momentum is leading to accelerating usage of our models.Over the past twelve months, 330 Google Cloud customers each processed over 1 trillion tokens. Thirty-five reached the 10-trillion-token milestone.
To give agents business context from enterprise data to help them reason intelligently, we introduced a new Agentic Data Cloud. It includes a cross-cloud lakehouse, Knowledge Catalog and Deep Research Agents which combine research and analytical skills.
- As an example, using our data cloud, American Express is enabling agentic commerce at scale by moving an enterprise data platform along with hundreds of production applications to BigQuery. Vodafone is proactively resolving outages, automating network planning and precisely targeting capacity.
- Enterprise data has become critical for agents to reason. Our strength with BigQuery and Gemini Enterprise has led Gemini-powered workflows in BigQuery to grow over 30X year-over-year.
As cybersecurity threats from the use of AI models accelerate, our expertise in AI and Cybersecurity is driving strong demand for our agentic defense offerings. In March, we closed the acquisition of Wiz, a leading cloud and security AI platform, which is an incredible fit for the moment we are in. We’ve seen tremendous interest from customers in our unique cybersecurity and AI products and services to protect their IT estate. The performance of Wiz so far has exceeded our expectations. Together with Google’s Threat Intelligence, Security Operations and AI models, Wiz is helping organizations detect, prevent and respond to threats.
- We introduced new Gemini-powered agents for threat detection, continuous red teaming and automated remediation to protect software code and Cloud systems.
- Customers like Deloitte, Priceline and Shell are using our agentic defense to strengthen their security posture.
All of this is powered by the AI infrastructure I mentioned earlier.
- Our TPUs continue our leadership in performance, cost and power efficiency for customers like Thinking Machines Lab, Hudson River Trading and Boston Dynamics.
- As TPU demand grows from AI labs, capital markets firms and high-performance computing applications, we will begin to deliver TPUs to a select group of customers in their own data centers in a hardware configuration to expand our addressable market opportunity.
“Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries.”
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