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Alphabet Boosts 2025 CapEx to $85 Billion as AI and Cloud Fuel Growth
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Alphabet reveals a monumental investment strategy that reshapes the contours of global technological competition. The US giant plans to spend $85 billion on equipment spending in 2025, a dramatic increase from the initial forecast. Beyond the solid performances displayed by Search, YouTube and Cloud, this colossal amount reveals the magnitude of the investment in equipment. ... Read more Google's article puts $85 billion on IA infrastructure to …
Alphabet boosts 2025 CapEx to $85 billion as AI and cloud fuel growth
Google parent Alphabet just dropped its Q2 earnings and plans to push its 2025 capital expenditures to $85 billion, up from the previous $75 billion target. This extra $10 billion is all about ramping up AI and cloud infrastructure. Anat Ashkenazi, CFO, explained that Alphabet’s profit rose 19% this quarter, hitting $28.2 billion. Earnings per share also jumped 22% to $2.31. They pulled in $5.3 billion in free cash flow just this quarter and $66…
Google announces very good results for its Google Cloud business and indicates that it will increase its investments compared to what was originally planned.
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