It’s not clear how many employees are affected, but the offers were made to staff in Google’s search, advertising, research ...

Alphabet's plans to keep spending ... $52 billion the Google parent spent on capex last year and higher than Wall Street was expecting. It's also a promising sign that the AI race that's been ...

For Google Cloud, which offers AI products and services, revenue increased 30% year over year to $11.96 billion. However, analysts were expecting an increase of 32.3% to $12.16 billion ...

Google Search ... and hit $13.06 billion in Q3-2024, a sharp increase of over 71.9%. This rapid upward trend reflects heightened spending on AI infrastructure. CapEx has exceeded $12 billion ...

Google Cloud saw significant ... with a 29% increase in revenues and 197% increase in operating income. Despite regulatory challenges and market concerns over AI spending, Alphabet stock remains ...

Microsoft and Alphabet, the holding company that owns Google, have much higher AI spending than Meta and ... balance sheets without a sufficient increase in revenue, leaving investors with ...

Microsoft and Meta Platforms executives defended their hefty AI spending plans last week, saying they were crucial to staying ahead in the new field. Meanwhile, Google ... 19% increase for Amazon.

But AI comes with a major downside: the power-hungry data centers that Google and other Big Tech rivals are currently spending tens ... helping to increase the value of the renewable energy ...

Alphabet's plans to ramp up AI spending is good news ... The software giant's capex spending for the last quarter came in at $22.6 billion, a 96% increase from the same quarter last year.