Alphabet's AI spending is growing at a parabolic pace.
The same trend can now be seen across many of the largest U.S. tech companies.
Nearly a year ago, Google co-founder Larry Page said it would be better to go bankrupt than lose the AI race.
Last week, Alphabet's Q2 2026 earnings report revealed that its massive AI investments pushed the company into negative free cash flow for the first time in its history.

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3July 28, 2026 3.2K 2