Link: Google expects to spend $75 billion this year on the AI race

Alphabet expects to invest approximately $75 billion in capital expenditures in 2025, a significant increase from $32.3 billion in 2023. This investment is a strong indicator of Alphabet's focus on enhancing its Artificial Intelligence (AI) infrastructure.

CEO Sundar Pichai highlights the company's AI developments and strategic plans for Google Cloud and AI solutions. These efforts have led to a 12 percent increase in overall revenues, amounting to $96.5 billion.

Capital expenditures have become a significant aspect of competition among big tech companies.

Alphabet's AI advancements include unveiling Gemini 2.0 and other innovative tools designed to streamline online activities through AI.

While Alphabet reports growth in some areas, it faces challenges in its "Other Bets" segment, affecting revenue and profitability.

Further compounding Alphabet's challenges are the potential legal implications from a recent DOJ proposal suggesting possible divestiture of Google's Chrome browser as a remedy for antitrust concerns. #

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