Alphabet is boosting its capital-expenditure plans for the year, now targeting $85 billion in spending on the category. The company previously was calling for $75 billion. In the earnings release, Chi

The hyperscaler wars are still raging despite earlier this year's concern that cloud network players, including Alphabet, Amazon, and Microsoft, may cut capital spending on AI infrastructure. Concerns that surging spending to refresh and build out cloud networks accelerated when China’s DeepSeek chatbot launched with a shockingly low $6 million development cost,