Google Forecasts $75B on Expenditures as AI Investments Balloon

Google Forecasts B on Expenditures as AI Investments Balloon

The numbers

$350 billion — Alphabet’s 2024 full year revenue, up 14% from $307 billion in 2023.

$96.47 billion — Q4 revenue, up 12% year-over-year, but below analyst projections. As a result, Alphabet shares dropped up to 8% in after-hours…

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https://www.adweek.com/media/google-earnings-q4-2024-ai-investment-grows/