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Google parent Alphabet forecasts sharp surge in 2026 capital spending (Deborah Sophia/Reuters) from Techmeme RSS feed.
Google parent Alphabet forecasts sharp surge in 2026 capital spending (Deborah Sophia/Reuters)
Deborah Sophia / Reuters:
Google parent Alphabet forecasts sharp surge in 2026 capital spending — Alphabet (GOOGL.O) said on Wednesday it was targeting capital expenditure of $175 billion to $185 billion this year, in yet another aggressive ramp-up in spending from the Google parent as it deepens its investments to push ahead in the AI race.