Anat Ashkenazi
2 stories
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financeGoogle's Cloud Revenue Surges 82%, But $15B Capex Hike Spooks Investors
Alphabet's cloud division posted its best quarter ever, but shares fell after the company raised its capital expenditure forecast by $15 billion, citing massive AI demand.
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financeGoogle Raises AI Spending Forecast After Record Cloud Quarter
Alphabet increases its 2026 capital expenditure guidance by $15 billion following an 82% surge in cloud revenue, driven by massive enterprise demand for AI infrastructure.