Alphabet's $205 Billion Spending Target Overshadows AI Gains

Written by BloombergPublished Jul 23, 2026, 12:20 PM

Alphabet Inc. boosted its projected capital expenditures for the year to a range of $195 billion to $205 billion, reigniting concerns about a lack of fiscal discipline in the race to dominate artificial intelligence. Mandeep Singh of Bloomberg Intelligence has more.