Internet giant: Google mother pumps even more billions into AI data centers
Analysts had expected an average of about 22.2 billion dollars.
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Summary
Analysts had expected an average of about 22.2 billion dollars. Google’s parent company Alphabet wants to spend around $200 billion on AI infrastructure this year. Their prices are in turn driven up by bottlenecks due to the exorbitant demand for the construction of AI data centers. © dpa-infocom, dpa:260723-930-424461/1.
Furthermore, In the second quarter, the Group spent almost $45 billion on expansion. Of these, however, around $99 billion was a pure book profit from the appreciation of investments. Investors found it hard to digest the huge numbers: After raising the spending forecast, the stock turned negative in post-market US trading and lost around two percent.
In addition, The increase in expenditure is partly due to the higher costs for components such as memory chips. And in the coming year, the investments would be once again "significantly" higher, said chief financial officer Anat Ashkenazi.
Cross-referenced from 4 sources.
Factual coreconfirmed by several independent voices
Analysts had expected an average of about 22.2 billion dollars.
reliability low1/2 sourcesGoogle’s parent company Alphabet wants to spend around $200 billion on AI infrastructure this year.
reliability low1/2 sourcesTheir prices are in turn driven up by bottlenecks due to the exorbitant demand for the construction of AI data centers. © dpa-infocom, dpa:260723-930-424461/1
reliability low1/2 sourcesIn the second quarter, the Group spent almost $45 billion on expansion.
reliability low1/2 sourcesOf these, however, around $99 billion was a pure book profit from the appreciation of investments.
reliability low1/2 sourcesInvestors found it hard to digest the huge numbers: After raising the spending forecast, the stock turned negative in post-market US trading and lost around two percent.
reliability low1/2 sourcesThe increase in expenditure is partly due to the higher costs for components such as memory chips.
reliability low1/2 sourcesAnd in the coming year, the investments would be once again "significantly" higher, said chief financial officer Anat Ashkenazi.
reliability low1/2 sources
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Alphabet, meanwhile, closed the second quarter with a fabulous profit of $112.1 billion (more than 98 billion euros) in the..
omitted byRight sidecovered byLeft sideAnalysts had expected an average of about 22.2 billion dollars.
omitted byRight sidecovered byLeft sideSales grew 24 percent year-on-year to $119.8 billion.
omitted byRight sidecovered byLeft sideGoogle’s parent company Alphabet wants to spend around $200 billion on AI infrastructure this year.
omitted byRight sidecovered byLeft sideThe range was raised only in the spring from 175 to 185 billion dollars to 180 to 190 billion dollars.
omitted byRight sidecovered byLeft side
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