Google is going for the jugular — by doubling capex and outspending the rest of Big Tech

Google reported its fourth-quarter earnings on Wednesday.

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• Alphabet's stock fell 2% after it reported Q4 earnings on Wednesday.
• The parent company of Google is aggressively ramping up capital expenditures for AI infrastructure.
• All of Big Tech is spending more as the AI race continues.

Alphabet is dramatically increasing its AI chips and data center spending this year.

The Google parent company is projecting capital expenditures of $175 billion to $185 billion in 2026...