Google sits on $100B cash yet did buybacks and raised debt instead of scaling AI datacenters

Darpinian · x · 2026-10-31

Investor Darpinian highlights a striking capital-allocation paradox: Google accumulated roughly $100B in cash (chart shows GOOGL cash & short-term investments surging to $265B, +219% over 10 years) while being uniquely positioned as the only vertically integrated player to scale AI datacenters — yet it chose stock buybacks, then raised a pile of debt instead.

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