Alphabet expects to invest about $75 billion in capital expenditures in 2025
Publishing timestamp: 2025-02-04 21:11:53
Summary
Alphabet CEO Sundar Pichai announced plans to invest $75 billion in capital expenditures in 2025 for the company's artificial intelligence push. This comes as part of Alphabet's fourth-quarter earnings report, which also included a mixed performance that led to an 8% drop in shares. The announcement follows similar investments by tech giants like Meta, Microsoft, and Amazon in AI infrastructure. Concerns about competition from China's DeepSeek open-source models have also impacted the market.
Sentiment: MIXED
Tickers: NVDA, GOOGL, META, MSFT,
Keywords: nvidia corp, meta platforms inc, breaking news: technology, alphabet inc, artificial intelligence, business news, technology, microsoft corp,
Source: https://www.cnbc.com/2025/02/04/alphabet-expects-to-invest-about-75-billion-in-capex-in-2025.html