FirstFT: Google burned through cash last quarter amid AI infrastructure splurge

Google burned through cash last quarter as it ramped up spending on artificial intelligence infrastructure, according to the Financial Times. The company's capital expenditures surged as it invested heavily in data centers and AI chips to compete in the generative AI race.

FirstFT: Google burned through cash last quarter amid AI infrastructure splurge Source: Financial Times Technology https://www.ft.com/technology Also in today’s newsletter: OpenAI /glossary/openai ‘agent’ hacks into start-up and India’s Gen Z takes on ModiGet AI news in your inbox Daily digest of what matters in AI.