Alphabet Inc. (NASDAQ:GOOGL) ranks among the best fundamental stocks to buy right now. On September 12, Alphabet Inc. (NASDAQ:GOOGL)’s Google Cloud won a £400 million contract to provide a sovereign cloud capability for the United Kingdom Ministry of Defence (MOD). The endeavor will offer a safe cloud platform for innovation while preserving improved data controls for the MOD.
In line with the ministry’s Strategic Defense Review, the collaboration encourages the use of cutting-edge cloud infrastructure for enhanced capabilities as well as secure information processing, including AI and cybersecurity. Google Cloud has already generated millions of pounds as a result of the contract, will employ specialists in the UK to oversee the technology.
Alphabet Inc. is a leading tech giant with a diverse portfolio, offering services such as Google Ads, Google Chrome, Google Cloud, Search, and YouTube.
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This article is originally published at Insider Monkey.
