Google and Microsoft Just Proved the AI Trade Is Alive—While OpenAI Is Sweating

Google and Microsoft Just Proved the AI Trade Is Alive—While OpenAI Is Sweating

Google and Microsoft Just Proved the AI Trade Is Alive—While OpenAI Is Sweating Price data byDecryptNewsBusinessGoogle and Microsoft Just Proved the AI Trade Is Alive—While OpenAI Is SweatingAlphabet and Microsoft crushed Q1 estimates on the same day, with Google Cloud up 63% and Microsoft's AI business hitting a $37 billion run rate.By Jose Antonio LanzEdited by Guillermo JimenezApr 29, 2026Apr 29, 20263 min readImage: Shutterstock/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Google Cloud hit $20.03 billion in Q1 2026—up 63% year-over-year—while Microsoft's AI business surpassed a $37 billion annual revenue run rate, up 123% year-over-year. Alphabet's total Q1 revenue reached $109.9 billion, its fastest growth rate since 2022; Microsoft posted $82.9 billion in revenue, up 18%. OpenAI missed

Source: https://decrypt.co/366100/google-microsoft-ai-trade-openai-revenue-estimates