Artificial Intelligence #google#artificial intelligence
Google's AI spending surges, pushing free cash flow to negative $5.9bn in second quarter
Alphabet reported negative free cash flow of $5.9bn in Q2 2026 as AI infrastructure spending surged to $45bn in the quarter. CFO Anat Ashkanazi said 60% of capital expenditure went to servers and 40% to data centres. CEO Sundar Pichai described the AI shift as 'early innings' and said the company remains disciplined on returns.
Jul 23, 2026 1 source