Google CEO Sundar Pichai is betting big on AI, planning to splash out a whopping $75 billion in 2025 to supercharge their artificial intelligence arsenal. 🚀
“We’re injecting $75 billion into our AI future,” Pichai announced, highlighting a 43% surge in their capex from last year’s $32.3 billion. 💰
He’s hyped about “turbocharging” AI innovation and bulking up their core businesses. 💪
Capex — the cash cow for long-term business beefing — is set to make Google’s AI dreams come true. 🌐
While the exact AI investment chunk is a mystery, it’s a no-brainer most will juice up Google’s AI empire. Other tech giants are also on a spending spree, with Meta throwing $65 billion at AI. 🤑
AI’s been a goldmine for Google, with revenues soaring 12% to $96.5 billion. 📈
Google Cloud’s cash flow skyrocketed 10%, raking in $12 billion, thanks to their rockstar Cloud Platform and AI solutions. 🌟
But hey, Alphabet’s total haul missed the bullseye, falling short of the $96.7 billion analystspredicted, and their stock took a 7% nosedive after hours. 📉
In a recent chat with investors, Pichai played down the threat from newbies like China’s DeepSeek, which rattled the market in late January. 🌧️
He bragged about Google’s Gemini 2.0 Flash models, calling them “top dogs” even against DeepSeek’s v3 and R1. 🐶
DeepSeek’s January surprise had Wall Street jitters, with rumors of a budget-friendly AI model giving US AI bigwigs a run for their money. 🏃
The buzz is that DeepSeek crafted their AI wonder on a shoestring, just shy of $6 million, and without the fancy gear from Nvidia. 💻
AI Spotlight: 9 Intriguing DeepSeek R1 Facts
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2025-02-05 08:40