PYMNTS.com September 11, 2024
Google Cloud’s CEO says his company has several paths to monetizing artificial intelligence (AI).
“We have seen 10-times growth year over year of people using our clusters,” Thomas Kurian said Tuesday (Sept. 10) at a Goldman Sachs tech conference.
“Sixty percent of all AI startups use our clusters for training and inference,” added the executive, whose comments were reported by Seeking Alpha.
“We monetized our security, which is powered by our AI capabilities,” Kurian said. “We monetize based on the value we are creating for users. We are capturing customers faster, doing larger deals, and customers have increased their adoption of our products by 30%.”
“We have been patient with AI, and because of that, we have found many ways...
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