‘Why we’re winning is because we see this deep product differentiation now being adopted by customers. That’s leading us to win new customers, deepen our relationship with existing customers and broaden our addressable market,’ says Google Cloud CEO Thomas Kurian during his keynote at a recent Goldman Sachs conference.

Google Cloud CEO Thomas Kurian says his cloud company is already generating billions in AI with a massive $106 billion backlog and “large-scale adoption” of Gemini by its growing customer base.

“We’ve made billions using AI already,” said Kurian during his recent keynote at the Goldman Sachs Communacopia and Technology Conference.

“Our remaining performance obligation, or backlog, is now at $106 billion. It is growing faster than our revenue,” Kurian said. “More than 50 percent of it will convert to revenue over the next two years.”

[Related: Google Cloud President On Topping Microsoft In AI And Channel GTM]

CRN breaks down the six most important remarks Kurian made in his keynote around a 27-times increase in the volume of data processed in BigQuery with Gemini, over 9 million developers building applications on Gemini, agentic AI innovation and how 65 percent of Google Cloud customers are using “our AI tools in a meaningful way.”

Google Cloud Earnings And Cloud Market Share

Before jumping into Kurian’s most important remarks at the Goldman Sachs conference, here is a quick look at Google Cloud’s current global market share and recent financial earnings.

The $54 billion Mountain View, Calif.-based company currently ranks as the third largest cloud computing company, according to data from market research firm Synergy Research Group.

Google Cloud won 13 percent share of the global enterprise cloud infrastructure services market in the second quarter of 2025, followed by Microsoft at 20 percent share, then Amazon Web Services at 30 percent share.

In second-quarter 2025, Google Cloud’s total sales reached $13.6 billion, representing a 32 precent growth rate year over year.

Click through to read CEO Thomas Kurian’s most important remarks.

https://www.crn.com/news/cloud/2025/google-cloud-ceo-on-106b-backlog-gemini-ai-large-scale-adoption-and-bigquery-momentum