Alphabet Boosts AI Spending
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This topic isn't active right now. Last covered Jul 23, 2026. See today's headlines.
Alphabet, Google's parent company, is significantly increasing its investment in AI infrastructure, raising its capital expenditure forecast to between $195 billion and $205 billion for 2026. The tech giant reported strong second-quarter earnings that exceeded market expectations, easing investor concerns about the pace of its AI investments. This increased spending is primarily directed towards building AI data centers.
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