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Google Cloud's order book reached $514 billion in the second quarter, expanding by more than $50 billion sequentially as Alphabet (GOOG, GOOGL) began recognizing revenue from TPU systems shipped to customer data centers.
AI Mode crossed one billion monthly active users following its global expansion, and the company reported the feature is driving an incremental increase in overall Search queries.
Search advertising revenue climbed 17% year-over-year to $63.3 billion in the same period, and the next milestone to watch is how much of the Cloud backlog converts: Alphabet has indicated it expects to recognize slightly more than half of it as revenue over the following 24 months.
The quarter's numbers Total Google advertising revenue grew 14% year-over-year to $81.6 billion, with YouTube advertising contributing 13% growth.
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