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Alphabet to Spend $75B on AI Infrastructure, Joining Big Tech’s AI Spending Frenzy
Key Highlights:
• $75 Billion Investment: Google parent Alphabet plans to invest a massive $75 billion in capital expenditures in 2025, with the majority directed towards boosting its AI infrastructure.
•...
Consolidated Revenue: Up 15% YoY, or 16% in constant currency.
Google Services Revenue: $76.5 billion, a 13% increase.
Google Search & Other Advertising Revenue: $49.4 billion, up 12%.
YouTube Advertising Revenue: $8.9 billion, up 12%.
Google Cloud Revenue: $11.4 billion, a 35% increase...
Strategic Partnership with Hyundai: Alphabet Inc.’s Waymo has announced a significant partnership with Hyundai to integrate its autonomous technology into the IONIQ 5 electric vehicles. This collaboration marks a critical step in expanding Waymo’s robotaxi fleet, showcasing the growing...
Alphabet Inc. (NASDAQ: GOOG) has strengthened its partnership with Snapchat by integrating Google's Gemini AI into Snapchat's My AI chatbot, significantly enhancing its multimodal capabilities. This collaboration highlights the growing role of artificial intelligence (AI) in reshaping...
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