Google bets big on AI, machine learning to crack the cloud - ETtech

Google is betting big on its dominance in machine learning and artificial intelligence to break into the cloud market, a message that was the underlying theme on the first day of the technology giant's cloud conference that began here on Wednesday. The company also made a slew of announcements strengthening its place as the leader in machine learning and artificial intelligence platforms. "We put $30 billion in the Google Cloud Platform," said Eric Schmidt, chairman of Google's parent company Alphabet. He added that big data, or large volumes of information that are analysed to reveal patterns through machine learning and artificial intelligence, "is so powerful that nation states will fight over it." Google announced customers such as HSBC, Colgate-Palmolive, The Home Depot, SAP, Disney, Verizon and eBay, most of which have large data sets to the tune of billions of records.