Alphabet Accelerates Its AI Investment
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Google's parent company Alphabet raised the top end of its CapEx plan for this year to $205 billion, but discipline on spending is becoming a concern. Eric Sheridan, Goldman Sachs co-business unit leader of its Technology, Media and Telecommunications Group in global investment research, says Alphabet is well positioned to benefit from the growing demand for AI across both consumer and enterprise markets. He joins Ed Ludlow on "Bloomberg Tech."
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