Google expects to spend $75 billion this year on the AI race

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Google parent company Alphabet expects to invest “approximately $75 billion” in capital expenditures in 2025, according to a statement from CEO Sundar Pichai in Alphabet’s Q4 2024 earnings release.

Capital expenditures have become a hot topic as of late as big tech companies race to build infrastructure to support their growing AI ambitions, and today’s announcement from Alphabet is clearly meant to keep the company in that conversation. Alphabet spent $32.3 billion on capital expenditures in 2023, so $75 billion in 2025 would be a big jump….



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Google expects to spend $75 billion this year on the AI race


Google parent company Alphabet expects to invest “approximately $75 billion” in capital expenditures in 2025, according to a statement from CEO Sundar Pichai in Alphabet’s Q4 2024 earnings release.

Capital expenditures have become a hot topic as of late as big tech companies race to build infrastructure to support their growing AI ambitions, and today’s announcement from Alphabet is clearly meant to keep the company in that conversation. Alphabet spent $32.3 billion on capital expenditures in 2023, so $75 billion in 2025 would be a big jump….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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