Google plans to spend big as AI race with rivals intensifies [FOX Business Network]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: FOX Business Network
heavy investments in artificial intelligence are now translating into real revenue growth across the business. The call was the first since Google released its Gemini 3 model , which has boosted user engagement and helped the company regain momentum in the intensifying AI race. While executives did not name OpenAI directly, the message to investors was clear: Google's AI push is no longer just about experimentation – it is delivering returns across search, cloud and enterprise products. That confidence is underpinning Alphabet's willingness to dramatically increase spending. Executives said the company is considering capital expenditures of between $175 billion and $185 billion in 2026 to expand AI computing capacity, a forecast that initially rattled investors. "Overall, we're seeing our AI investments and infrastructure drive revenue and growth across the board," CEO Sundar Pichai said. The scale of that growth is now visible across the company. Alphabet reported more than
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