๐Ÿค– Google’s $75B AI Bonanza: Pichai’s Bold Bet! ๐Ÿค‘

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. ๐Ÿš€

“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. ๐Ÿ’ฐ

He’s hyped about “turbocharging” AI innovation and bulking up their core businesses. ๐Ÿ’ช

Capex โ€” the cash cow for long-term business beefing โ€” is set to make Google’s AI dreams come true. ๐ŸŒ

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. ๐Ÿค‘

AI’s been a goldmine for Google, with revenues soaring 12% to $96.5 billion. ๐Ÿ“ˆ

Google Cloud’s cash flow skyrocketed 10%, raking in $12 billion, thanks to their rockstar Cloud Platform and AI solutions. ๐ŸŒŸ

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. ๐Ÿ“‰

In a recent chat with investors, Pichai played down the threat from newbies like China’s DeepSeek, which rattled the market in late January. ๐ŸŒง๏ธ

He bragged about Google’s Gemini 2.0 Flash models, calling them “top dogs” even against DeepSeek’s v3 and R1. ๐Ÿถ

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. ๐Ÿƒ

The buzz is that DeepSeek crafted their AI wonder on a shoestring, just shy of $6 million, and without the fancy gear from Nvidia. ๐Ÿ’ป

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2025-02-05 08:40