Google's big AI-spending plans are boosting chip stocks like Nvidia. Story by [email protected] (Jennifer Sor) • 4d. ... a 96% increase from the same quarter last year.

A new AI darling is making waves in Silicon Valley. It’s called Perplexity, and according to reports, both Meta and Apple ...

Meta, Google, Amazon & Microsoft to Spend a Combined $320 Billion on AI in 2025. The tech giants’ planned spending marks a 44% surge from last year ...

For Google Cloud, which offers AI products and services, revenue increased 30% year over year to $11.96 billion. However, analysts were expecting an increase of 32.3% to $12.16 billion ...

BofA Securities analyst Justin Post maintained a Buy rating on Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:G ...

U.S. employees across multiple divisions offered chance to leave with severance.

Heavy AI Spending Drags Google's Margins. Oct. 31, ... Although the revenue growth from Q4-2022 to Q4-2023 saw a 15.6% increase, ... This rapid upward trend reflects heightened spending on AI ...

Microsoft and Alphabet, the holding company that owns Google, have much higher AI spending than Meta and ... balance sheets without a sufficient increase in revenue, leaving investors with ...

will undoubtedly increase Google's AI losses. No one has figured out how to make money on generative AI yet, but Google seems content spending more money to secure market share.

Alphabet's plans to ramp up AI spending is good news ... The software giant's capex spending for the last quarter came in at $22.6 billion, a 96% increase from the same quarter last year.

Alphabet's plans to keep spending ... $52 billion the Google parent spent on capex last year and higher than Wall Street was expecting. It's also a promising sign that the AI race that's been ...