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Developing story · 2 episodes · 14 Oct to 24 Oct

Google's AI Spending and Cloud Ambitions

The series tracks Google's massive investment in artificial intelligence, showing how AI spending has pushed free cash flow into the red and sparked analyst concern. The latest episode asks whether Google Cloud's expanding AI backlog can offset the huge capital‑expenditure surge, leaving the company's financial outlook uncertain but with potential upside.

  1. The $500 Billion Question: Can Google Cloud’s Massive AI Backlog Outrun Its Mind-Boggling CapEx Boom on Oct. 28?

    CapEx rose 100 % to $44.92 billion last quarter, pushing free cash flow into a negative $5.86 billion for the first time. To cover the spend, Alphabet raised roughly $70 billion in equity and debt…

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  2. Google’s AI spending drags free cash flow into the red as analysts predict 26% upside

    Google reported a strong quarter with revenue of $119.80 billion, up 24.2%, and Google Cloud revenue surging 82% to $24.77 billion. Despite this growth, free cash flow turned negative at -$5.86…

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