Wednesday, April 9, 2025

Alphabet CEO Sundar Pichai reaffirms planned $75 billion capital spending in 2025

Alphabet reaffirmed its plan to invest $75 billion in 2024 to expand data center capacity and support AI initiatives like its Gemini model. Despite uncertain returns and rising costs amid a global trade war, the company is betting big on AI, prompting investor concerns over the scale of spending.

from Tech-Economic Times
via IFTTT

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