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Alphabet praises DeepSeek, but it’s massively ramping up its AI spending
Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 billion.
In its latest earnings report, Alphabet announced it would boost capital expenditures to $75 billion this year — a whopping 42% increase — to accelerate its AI progress. Alphabet is betting that cheaper AI will massively boost demand for its services, rather than making it basically free and threatening its business models. His investigative reporting has led to U.S. government sanctions against four tech companies, including China’s largest AI firm.
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