Google GenAI Momentum Grows at Cloud Next With Nvidia and Marvell Partnerships

Analysts view Google’s Cloud Next 2026 as evidence that demand for generative AI extends beyond Anthropic and OpenAI, with Google unveiling AI partnerships including an Nvidia AI infrastructure deal, next-generation TPUs, and new Marvell-designed chips. UBS notes Gemini enterprise MAUs rose about 40% year-over-year by the end of Google’s fiscal Q1 2026, signaling improving enterprise adoption and productization of GenAI, while maintaining cautious upside expectations. Alphabet still shows a Strong Buy consensus among analysts, with upside around 14% to roughly $388.