"The company’s capex spend will go toward investing in AI compute capacity for Google DeepMind and to meet “significant cloud customer demand as well as strategic investments in other bets,” Alphabet finance chief Anat Ashkenazi told analysts on a call Wednesday. She added that it would be used to “improve the user experience and drive higher advertiser ROI in Google services.”
Its the golden age of semis industry.
www.cnbc.com
Its the golden age of semis industry.
Google parent beats on revenue, projects significant AI spending increase
Alphabet beat on the top and bottom lines in its fourth-quarter earnings report, and said it expects to significantly increase spending on AI in 2026.
www.cnbc.com
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