Google parent Alphabet predicts a sharp surge in 2026 capital spending on AI
Revenue at Google Cloud grew 48%, to $17.7 billion, in the fourth quarter ended December, beating analysts’ expectations.
Alphabet said on Wednesday it was targeting capital expenditure of $175 billion to $185 billion this year, in yet another aggressive ramp-up in spending from the Google parent as it deepens its investments to push ahead in the AI race.
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