Alphabet expects to invest about $75 billion in capital expenditures in 2025
CEO Sundar Pichai said the company is planning another big year of spending as it continues to build out its artificial intelligence offering.
“We are confident about the opportunities ahead, and to accelerate our progress, we expect to invest approximately $75 billion in capital expenditures in 2025,” Pichai said in Tuesday’s earnings release announcing the investment plan.
The capex figure came in ahead of the $59.73 billion consensus estimate for Google, according to Visible Alpha.
On its earnings call, Alphabet said it expects $16 billion to $18 billion of those expenses to come in the first quarter.