Google Cloud revenue doubles to $30.7B as AI infrastructure spending hits $51B

Alphabet reported Google Cloud revenue doubling to $30.7 billion and operating income tripling. AI infrastructure spending reached $51 billion, sending Alphabet shares down 10% in after-hours trading.

• Google Cloud revenue doubled to $30.7 billion
• Cloud operating income tripled year over year
• AI infrastructure spending reached $51 billion
• Alphabet shares fell 10% in after-hours trading