Davey Alba / Bloomberg:

Alphabet discloses $1T+ in purchase commitments, future leases, and other obligations; its Q3 filing shows $98.5B in contingent commitments, up ~$23B from Q2  —  Alphabet Inc. has said demand for its cloud services is increasing at a rapid clip, pointing to growth in its backlog, or cloud contracts it hasn't yet fulfilled.

Davey Alba / Bloomberg:

Alphabet discloses $1T+ in purchase commitments, future leases, and other obligations; its Q3 filing shows $98.5B in contingent commitments, up ~$23B from Q2  —  Alphabet Inc. has said demand for its cloud services is increasing at a rapid clip, pointing to growth in its backlog, or cloud contracts it hasn't yet fulfilled.

Source: TechMeme
Source Link: https://www.techmeme.com/261029/p39#a261029p39