Alphabet CEO reaffirms planned $75 billion capital spending in 2025


FILE PHOTO: Google CEO Sundar Pichai arrives for a meeting with international investors in IA at the Elysee Palace as part of the Artificial Intelligence (AI) Action Summit in Paris, France, February 10, 2025. REUTERS/Gonzalo Fuentes/ File Photo

Las Vegas (Reuters) - Alphabet reiterated on Wednesday it would spend about $75 billion this year to build out data center capacity, doubling down on its generative AI bet even as the payoff remains unclear and a global trade war threatens to raise costs.

The investment would fund the chips and servers needed to burnish its core offerings, including Search, while supporting the development of AI services such as its Gemini model, CEO Sundar Pichai said at the annual conference for Google's cloud computing unit.

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