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00:03Meta has agreed to spend more than $10 billion on Google Cloud services over six years, according to CNBC.
00:09Google is pursuing major cloud contracts to compete with Amazon Web Services and Microsoft Azure,
00:15after recently securing business from OpenAI.
00:18Google Cloud reported $2.83 billion in operating income on $13.6 billion in second quarter revenue,
00:25with 32% growth outpacing Alphabet's overall 13.8% expansion.
00:31Meta's deal with Google centers on artificial intelligence infrastructure.
00:35The social media giant expects $2,025.
00:38For all things money, visit Benzinga.com.
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