YouTube, Google Cloud to bring in $100 billion this year: Sundar Pichai

Google CEO Sundar Pichai announced on April 25 that both YouTube and Google’s cloud business are expected to make over $100 billion altogether by the end of 2024, showing new areas of profit for the company.

“This shows our track record of investing in and building successful, new, growing businesses,” Pichai said during the company’s earnings call, highlighting their success in investing in and developing new and growing businesses.

Google’s parent company Alphabet reported revenue of $80.5 billion for the 2024 January- March quarter on Thursday, up 15 per cent from last year, with operating income increasing by 46.3 per cent and net income by 57 per cent.