Google Cloud revenue is now 18% of Alphabet's business. Is this the beginning of the end of Google's search identity?

Ever since Google was founded in 1998, search has been the core of the company’s identity. On Wednesday, that began to change. The company’s cloud computing business was the undisputed star of parent company Alphabet’s first-quarter earnings, posting an eye-popping 63% revenue growth from the prior year, for a total of $20 billion. AI is driving this growth, and Google Cloud now represents 18% of the company’s overall business.

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