Alphabet reports Google Cloud annual revenue increased to $13B, up 46% YoY, on losses of $5.6B, up 21%, in FY 2020 (Frederic Lardinois/TechCrunch)

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Frederic Lardinois / TechCrunch:

Alphabet reports Google Cloud annual revenue increased to $13B, up 46% YoY, on losses of $5.6B, up 21%, in FY 2020  —  Google continues to bet heavily on Google Cloud and while it is seeing accelerated revenue growth, its losses are also increasing.  For the first time today …