Alphabet plans to invest $75 billion in capital expenditures in 2025, more than doubling its 2023 spending, likely to support AI infrastructure. Q4 revenue rose 12% year-over-year to $96.5 billion, with Google Cloud up 10% to $12 billion, driven by AI growth. CEO Sundar Pichai hinted at new AI-driven ad concepts and Search updates in 2025. Recent AI developments include Gemini 2.0 and Project Mariner. Meanwhile, Waymo saw mixed results and Google faces potential DOJ-ordered divestiture of Chrome due to antitrust concerns.
Source: The Verge