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Google Stock: Cloud Boss Makes Bold Claim About AI Chip Business

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Google parent Alphabet’s (GOOGL) emerging business of selling artificial intelligence accelerator chips is twice as large as a cloud computing rival, Google executive Thomas Kurian claimed Tuesday at a Goldman Sachs conference. On July 22, Google reported second-quarter cloud-computing revenue of $24.77 billion, up 82% year over year, driven by artificial intelligence workloads, handily beating estimates of $22.46 billion. For…

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