Alphabet will allocate $75 billion to accelerate technological development in 2025

Alphabet announced that it will allocate $75 billion in 2025 to develop computing infrastructure. These funds will be directed toward building servers, data centers, and network solutions, as well as advancing cloud technologies and artificial intelligence.

In its fourth-quarter 2024 report, Alphabet showed a 12% revenue increase, reaching $96.47 billion. However, the results fell short of analysts' expectations. Revenue from cloud services grew by 30%, reaching $11.96 billion, but this growth also failed to meet forecasts.

In the first quarter of 2025, the company's capital expenditures will range from $16 to $18 billion, exceeding market expectations. Alphabet also plans to increase the number of employees in its cloud and artificial intelligence segments.

Despite the slowdown in revenue growth, the company's net profit increased by 28%, reaching $26.54 billion.

The company continues to actively invest in technology development to remain competitive amid growing demand for cloud services and AI.

Source: theregister.com