BBC News·3 min read·medium
Google burning through cash with spiralling AI costs
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✦AI Summary
Alphabet, the parent company of Google, reported negative free cash flow for the first time in a decade due to massive investments in AI infrastructure. Despite strong revenue growth, the company is prioritizing AI development over short-term cash reserves.
Image source, Reuters Image caption, Google and its paranet company Alphabet have spent huge amounts on AI.
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