Alphabet Plans $185B Artificial Intelligence Investment
Alphabet plans to double its 2026 investment to $185B following record annual revenues of $400B.Sundar Pichai confirmed that capital spending will target artificial intelligence infrastructure for the Gemini application, which currently has 750 million monthly active users.The company reported a 30 percent rise in quarterly profits to $34.5B as its market valuation reached $4 trillion.
Published:3h |Updated:2h