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Google Cloud CEO says AI market to be reshaped in 1 to 2 years, economics will determine survival

Google Cloud CEO Thomas Kurian said a full-stack AI strategy, in which Google builds chips, data centres, foundation models and products in-house, can help narrow the gap with Amazon Web Services. He said owning IP, models and chips allows greater investment. Google Cloud’s market share rose to 14 percent from 7 percent in eight years, and the company expects revenue to exceed $70 billion this year.