Alphabet
GOOGLQ2 2024(GOOGL Q1 FY2024)Stated1.1% AI
AI Revenue %
1.1%
AI Fair Value
$40.2B
AI Revenue (Q)
$767.7M
Total Revenue (Q)
$69.8B
Source: SEC EDGAR SEC Filing Filing
View SEC Filing on SEC.govAnalysis
10-Q 2024-03-31. Google Cloud $9,574M (+28% YoY). Gemini Advanced launched Feb 2024 ($19.99/mo Google One AI Premium). Ring 1: Cloud AI ~$860M (est. ~9% of Cloud, growing) + Gemini subscriptions ~$50M (1 month partial). Total Ring 1 ~$910M. Management stated AI was driving Cloud growth on Q1 2024 earnings call.
Analyzed by claude-opus-4-6
Confidence Tier
StatedAI figures cited by management on earnings calls