#capital-expenditure
#capital-expenditure
[ follow ]
#ai-infrastructure #google-cloud #meta #alphabet #ai #advertising #artificial-intelligence #meta-platforms
Artificial intelligence
fromFast Company
3 days agoAlphabet beats third-quarter revenue estimates on cloud demand and advertising
Alphabet exceeded revenue estimates as advertising and Google Cloud growth, driven by enterprise AI demand, lifted quarterly revenue and prompted higher capital expenditure guidance.
fromBusiness Insider
2 days agoSee Big Tech's massive AI spending spike - and their plans to go bigger next year
Big Tech's AI gold rush isn't slowing down- it's getting more expensive. Amazon, Google, Meta, and Microsoft all opened their wallets wider than ever this quarter, logging record-breaking capital expenditures on AI chips, servers, and data centers. Microsoft was the top spender at nearly $35 billion, narrowly beating Amazon. Meta CEO Mark Zuckerberg said the company could increase itslong-term asset spending, or capital expenditure (capex), by as much as 24% next year. Each company said it planned to spend even more on capex going forward.
Artificial intelligence
fromwww.theguardian.com
3 months agoBig tech has spent $155bn on AI this year. It's about to spend hundreds of billions more
The competition among the US's largest companies has led to a total of $155 billion being spent on artificial intelligence development in 2025, surpassing federal expenditures on education and social services.
Silicon Valley
fromTheregister
6 months agoGoogle admits depreciation costs soaring amid bit barn build
"We're in a tight demand supply environment and given that revenues are correlated with the timing of deployment of new capacity, we could see variability in cloud revenue growth rates depending on capacity deployment each quarter."
Tech industry
[ Load more ]