๐Ÿšจ BIG TECH JUST ENDED THE "AI BUBBLE" DEBATE.



Q1 2026 cloud earnings released today:

- Google Cloud: +63% YoY ($20B, first time ever)
- Microsoft Azure: +40% YoY
- AWS: +28% YoY (fastest in 15 quarters)
- Meta: +33% YoY ($56.3B)

Microsoft's AI business: $37B run rate, +123% YoY.
Google's cloud backlog: $460B.

Meanwhile, OpenAI reportedly missed Q1 internal targets.

The infrastructure layer is printing. The application layer is sweating.
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ShatteredGlaze
ยท 3h ago
OpenAI's internal goals were not met, but their revenue is still increasing; they just didn't reach the targets they boasted about.
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GateUser-0aa20a11
ยท 3h ago
Application layer sweating is so real; the several projects we invested in are all cutting budgets.
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NotYourExit
ยท 3h ago
Infra earning app burns money, the AI industry will be revalued in 2026.
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GasFeesForNightRuns
ยท 3h ago
$37B run rate ๅนดๅŒ–็š„่ฏ Microsoft AI ๅทฒ็ปๆ˜ฏไธ€ไธช Fortune 100 ไบ†
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AmberTeaSwirl
ยท 3h ago
$460B backlog What concept is this? Google Cloud won't worry about orders in the next three years.
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GateUser-b6d80ba0
ยท 3h ago
This wave of cloud providers experiencing a collective surge indicates that the demand for inference has increased, not just training.
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ReadingContractsUntilMyEyesAre
ยท 3h ago
AWS's growth rate is the fastest over 15 quarters, proving that the big brother is not old yet.
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LiquidityLullaby
ยท 3h ago
The infrastructure layer is indeed printing money, while the application layer is still searching for PMF. This divergence is interesting.
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