Google raises 2026 capital spending forecast to $195-205 billion, up from $190 billion, to compete in AI race; announced by CFO Anat Ashkenazi Wednesday

Google raises 2026 capital spending forecast to $195-205 billion, up from $190 billion, to compete in AI race; announced by CFO Anat Ashkenazi Wednesday—double 2025 spending.

Google Boosts 2026 Spending Estimate to as Much as $205 Billion

The Google headquarters in Mountain View, California, on July 21.Photographer: David Paul Morris/BloombergAlphabet Inc. projected full-year capital expenditures will be $195 billion to $205 billion in 2026, increasing its already sky-high spending estimate for the year as it works to secure an edge in the artificial intelligence race.Chief Financial Officer Anat Ashkenazi announced the increase on the company’s second-quarter earnings call Wednesday. The Google parent said in April that it plann...