Google Parent Alphabet Plans to Spend B This Year, as Big Tech Goes All in on AI

Google Parent Alphabet Plans to Spend $75B This Year, as Big Tech Goes All in on AI

Key Takeaways

  • Google parent Alphabet said it plans to spend $75 billion in capital expenditures this year, as it expands capacity to meet demand for AI.
  • CFO Anat Ashkenazi said a majority of that spending would go toward technical infrastructure,…

Article Source
https://www.investopedia.com/google-parent-alphabet-plans-to-spend-usd75b-this-year-as-big-tech-goes-all-in-on-ai-8786108

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