Google said it plans to double its capital expenditure this year to as much as $185bn as it intensifies its huge bet on AI, armed with greater financial firepower after reporting record quarterly earnings.
The search giant increased its forecast for capex in 2026 to a range of $175bn to $185bn, far exceeding analysts’ expectations of about $120bn, Google’s parent company Alphabet said on Wednesday.
Fourth-quarter capex almost doubled to $27.9bn compared with the year before, pushing spending in 2025 to $91.4bn.
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