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Google burning through cash with spiralling AI costs
Google's cash flow has turned negative for the first time in a decade as Alphabet's AI expenses soar to a projected $205 billion this year. Despite a quarterly revenue rise to $119.8 billion, the stock dropped 4%, but the company remains co...
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Google's cash flow has turned negative for the first time in a decade as Alphabet's AI expenses soar to a projected $205 billion this year. Despite a quarterly revenue rise to $119.8 billion, the stock dropped 4%, but the company remains committed to heavy investments in AI. Full story and more reels: https://newsreel.video #news #breaking #Google #AI #investments #tech #finance
Originally reported by BBC News.
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