Bloomberg chart shows Alphabet’s AI capex on track to nearly triple in two years

Hedgeye · x · 2026-07-22

Alphabet’s AI capex is set to nearly triple in two years

Bloomberg’s chart shows Alphabet’s estimated capital expenditures for the next 12 months climbing sharply, with spending on track to nearly triple over two years.

The post frames the jump as part of the escalating AI race, highlighting how quickly hyperscaler infrastructure budgets are expanding.

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