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Alphabet (GOOGL) CEO says Gemini enterprise has sold more than 8mln paid seats, while Co. noted revenue from AI solutions increased nearly 300% Y/Y and it is collaborating with Apple (AAPL) which picked Google Cloud as its preferred cloud provider

Alphabet's CEO highlighted strong growth with over 8 million paid seats sold for Gemini and a near 300% year-over-year revenue increase from AI solutions.

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Alphabet (GOOGL) CEO says Gemini enterprise has sold more than 8mln paid seats, while Co. noted revenue from AI solutions increased nearly 300% Y/Y and it is collaborating with Apple (AAPL) which picked Google Cloud as its preferred cloud provider

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The collaboration with Apple adds strategic value, as Google Cloud becomes the preferred provider, potentially enhancing their competitive positioning in the cloud market. This could indicate robust future demand for their AI and cloud services, which is significant for market sentiment and sector performance.

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