3 Highlights from Thomas Kurian’s Keynote at the Goldman Sachs Communicopia & Technology Conference

On Tuesday, September 8, Thomas Kurian participated in the Goldman Sachs Tech Conference, providing an update on Google Cloud’s business and strategy. Here are the highlights:

1. Full Stack Approach: Google Cloud is the only provider to offer solutions across the entire AI stack, which expands our total addressable market, differentiates our products from the point of view of performance, cost and quality; and enables us to diversify our revenue streams as the market grows. We have 17 product lines with more than $1 billion in revenues and our customers on average exceeded their commitments by more than 50%. We have also seen more than 2x quarter-over-quarter and year-over-year growth in the number and value of $100 million to $1 billion deals. And we have more than 300 customers each with $100 million-plus contractual commitments.
2. Benefits of Google Cloud’s AI Infrastructure: Our AI Infrastructure is built on highly differentiated products in a large expanding market which helps us lower cost and improve performance and margins for our AI models. We have a 2-year AI server payback period, and TPUs have a much faster expected payback period than GPUs. The majority of our AI infrastructure total contract value is from committed five-year contracts.
3. Benefits of Google Cloud’s broad AI solutions: We have seen strong adoption of Gemini Enterprise, which provides customers with insight across their businesses in a highly cost efficient manner with enterprise control and governance. We have also seen that Google Cloud customers that use our AI products use 1.8 times as many products as those who do not.

For more information, please refer to the slide presentation and transcript from the event. This blog post includes statements that could be considered forward-looking. These statements involve a number of risks and uncertainties that could cause actual results to differ materially. Any forward-looking statements in the presentation are based on assumptions as of September 8, 2026, and Alphabet undertakes no obligation to update them.