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 ...

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 ...

Google’s parent company, are planning on spending $320 billion this year, with a primary focus on boosting their AI products. That spending represents a 44% increase from last year for those ...

Google Search ... and hit $13.06 billion in Q3-2024, a sharp increase of over 71.9%. This rapid upward trend reflects heightened spending on AI infrastructure. CapEx has exceeded $12 billion ...

It’s not clear how many employees are affected, but the offers were made to staff in Google’s search, advertising, research ...

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 ...

Google Cloud saw significant ... with a 29% increase in revenues and 197% increase in operating income. Despite regulatory challenges and market concerns over AI spending, Alphabet stock remains ...

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.

Microsoft and Meta Platforms executives defended their hefty AI spending plans last week, saying they were crucial to staying ahead in the new field. Meanwhile, Google ... 19% increase for Amazon.

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.