Alphabet plans to spend almost twice as much this year, with the company planning to invest around $175 to $185 billion, primarily to increase data centers, servers, and other infrastructure required for AI. This announcement has come at a time when Google is pushing forward in the AI competition, thanks to the success of its Gemini AI models and the fast growth of its cloud business. Investors are concerned about spending on AI, but Alphabet has been able to ease their minds by reporting rising revenues, strong profits, and growing demand for its AI based services, including its cloud, search, and advertising services.
Alphabet Says Capital Spending in 2026 Could Double, Cloud Business Booms
