With GenAI Turbochargers, Google Is Shifting Its Cloud Into A Higher Gear

Here is how we know computing could eventually be a peer to energy, transportation, sustenance, and healthcare as a basic infrastructure need – and will be a bigger part of our lives in the future, if the hyperscalers and cloud builders have their way: The front loading of enormous capital expenses.

Before we dive into the Google numbers for the final quarter of 2025, we wanted to level set with some comparative data, and spent a while combining the Internet with the assistance of the Google search engine and its Gemini adjunct to come up with some numbers. These numbers are for illustrative purposes, of course, and there is a tremendous amount of wiggle in what you might get depending on what you count and what you don’t count in each sector’s revenue and capital expenses.

We thought the energy sector was capital intensive, and it certainly is. Depending on the timing and the development of new energy sources, these companies can spend a large portions of their revenue…