![Cloud Business of Google Turns Profitable for the First time after Years of Heavy Investment](https://enterprise-informer.com/wp-content/uploads/2023/04/google-cloud-400x250.jpg)
Cloud Business of Google Turns Profitable for the First time after Years of Heavy Investment
Google has been investing a lot of money into its cloud-computing business to compete with Microsoft and Amazon. Those high investments are ultimately turned into a profit. Alphabet said that Google’s cloud-computing business is profitable for the first time after years of heavy investment. According to Alphabet’s earnings statement, “The segment generated $191 million in operating income…