Alphabet reports Google Cloud annual revenue increased to $13B, up 46% YoY, on losses of $5.6B, up 21%, in FY 2020 (Frederic Lardinois/TechCrunch)
Frederic Lardinois / TechCrunch:
Alphabet reports Google Cloud annual revenue increased to $13B, up 46% YoY, on losses of $5.6B, up 21%, in FY 2020 — Google continues to bet heavily on Google Cloud and while it is seeing accelerated revenue growth, its losses are also increasing. For the first time today …