Google parent beats on revenue, projects significant AI spending increase
Alphabet plans major AI investments to expand Gemini models and infrastructure amid rising demand, with AI-driven partnerships including Apple and a $4.75 billion data center acquisition.
- Google parent Alphabet said its capital expenditure could double this year as it deepens investments in AI.
- Like rivals Amazon and Microsoft, Google Cloud has faced capacity constraints in fully capitalizing on AI demand.
- Google's AI assistant app Gemini exceeded 750 million users per month, and it struck a deal to power Apple's Siri.
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39 Articles
Alphabet CEO Sundar Pichai Says AI Capacity Is What 'Keeps Us Up At Night' As Power, Land And Supply Chain Limits Test Growth - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)
On Wednesday, during Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) fourth-quarter earnings call, CEO Sundar Pichai said meeting surging AI demand has become the company's biggest near-term challenge. AI Demand Is Rising Faster Than Capacity Responding to an analyst question about what concerns leadership most at this stage of Google's evolution, Pichai said the company's long-standing "AI-first" strategy is now colliding with real-world constrain…
Google's quarterly results paint a picture of an internet powerhouse getting stronger in AI age
Google’s latest quarterly report provided further evidence that its internet empire is withstanding an artificial intelligence shakeup that’s turning into another potential boon for the company.
Google Q4 results paint picture of an internet powerhouse getting stronger in AI age
Google’s latest quarterly report provided further evidence that its internet empire is withstanding an artificial intelligence shakeup that’s turning into another potential boon for the company
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