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Google To Spend $75 Billion on AI Push
Google parent Alphabet plans to spend $75 billion on capital expenditures in 2025, up from $52.5 billion last year, as it races to compete with Microsoft and Meta in AI infrastructure. CNBC: On its earnings call, Alphabet said it expects $16 billion to $18 billion of those expenses to come in the fi...
Overall, the expenditures will go toward "technical infrastructure, primarily for servers, followed by data centers and networking," finance chief Anat Ashkenazi said.[...] Alphabet and its megacap tech rivals are rushing to build out their data centers with next-generation AI infrastructure, packed with Nvidia's graphics processing units, or GPUs. Microsoft has committed to $80 billion in AI-related capital expenditures in its current fiscal year.
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