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Google Hikes Cap Spend to $85B on Cloud & A.I. Demand
Cheddar News
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5 months ago
Google is raising its 2025 capital expenditure forecast from $75 billion to $85 billion to meet surging demand for its cloud services and AI infrastructure.
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00:00
Google is raising its 2025 capital expenditure forecast from $75 billion to $85 billion
00:06
to meet surging demand for its cloud services and AI infrastructure.
00:12
The increase follows a strong second quarter,
00:14
with cloud revenue jumping nearly 32% due to AI-powered offerings.
00:20
Company executives said demand for cloud continues to outpace current capacity,
00:25
leading to a multi-year data center expansion.
00:28
Capital spending is also expected to rise further in 2026 to support ongoing AI-driven growth.
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