Monday, October 19, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

Alphabet Signals More AI Spending After $80.6 Billion First-Half Outlay

Alphabet Signals More AI Spending After $80.6 Billion First-Half Outlay

Photo: TokenPost

Alphabet plans to increase capital expenditures significantly in 2027 as demand for computing capacity keeps its artificial-intelligence buildout in an early expansion phase, President and Chief Investment Officer Ruth Porat said Monday. Porat said Alphabet is spending roughly $200 billion on AI capacity in 2026 and views the infrastructure expansion as a long-term opportunity. “We do see this as an opportunity that extends for quite some time,” she said. The spending is already pressuring cash generation.

Source: TokenPost

Latest in Crypto Today

All Crypto Today stories