Alphabet says capital spending in 2026 could double, cloud business booms

By Deborah Mary Sophia and Kenrick Cai Feb 4 (Reuters) - Alphabet said on Wednesday that capital expenditure could as much as double this year, in yet another aggressive spending ramp-up by the Google parent as it deepens investments to allay constraints on compute capacity and push ahead ​in the AI race. Alphabet and its Big Tech rivals are expected to collectively shell out more than $500 billion on AI this year. Meta last ‌week hiked capital investment for AI development this year by 73%, while Micr ...