Alphabet Raises AI Capex Guidance Amid Strong Cloud Growth
Alphabet raised its 2026 AI capital expenditure guidance to $195–$205 billion due to strong customer demand and capacity shortages. Google Cloud revenue surged by 82% year-over-year, reaching $24.8 billion, with a backlog of $514 billion supporting long-term infrastructure utilization.
Topics: AI Backlog Growth Capex Cloud Revenue