Alphabet expects to invest about $75 billion in capex in 2025

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Alphabet expects to invest about $75 billion in capex in 2025

Sundar Pichai, CEO of

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and Alphabet Inc., speaks at the inaugural 2024 Business, Government, and Society Forum at the Stanford Graduate School of Business in Stanford, California, U.S., April 3, 2024. 

Carlos Barria | Reuters

Alphabet CEO Sundar Pichai said the company plans to invest more money in innovating artificial intelligence and its core businesses.

“We are confident about the opportunities ahead, and to accelerate our progress, we expect to invest approximately $75 billion in capital expenditures in 2025,” Pichai said in Tuesday’s earnings release announcing the investment plan.

The announce came alongside Alphabet mixed fourth-quarter earnings. Shares fell 6% as the company topped Wall Street’s earnings estimates by 2 cents per share, but fell short on revenue expectations.

Alphabet and its megacap tech rivals are rushing to build out their data centers with next-generation AI infrastructure, packed with Nvidia’s graphics processing units (GPUs). Last month Meta said it plans to invest $60 billion to $65 billion this year as part of its AI push.

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has committed to $80 billion in AI-related capital expenditures in its current fiscal year.

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