Google goes cash flow negative for the first time as AI data center buildout increases capex to a staggering $44.9 billion in a single quarter — CFO warns that capex will increase in 2027 as company banks big on TPUs
www.tomshardware.com
The company raised its 2026 spending guidance to as much as $205 billion and quadrupled its inventory to $10 billion.
    • Abyssian@lemmy.worldEnglish
      38·
      23 hours ago

      Getting that invite made email cool again. And they promised to not be evil, and started to develop loads of cool things and phones you could do anything with… then realized being evil is more profitable.

      Should have seen it coming. Of course a company who’s main source of revenue is selling ads and positions in search results is going to end up fucking the entire Internet up for money.

      • Echo Dot@feddit.ukEnglish
        2·
        17 hours ago

        I like the company from the Upload TV series’s motto “don’t be evil, obviously”

    • jballs@sh.itjust.worksEnglish
      4·
      15 hours ago

      We were also pretty naive then. An editor for Wired magazine attended a party with Larry Page, Google’s cofounder. He asked how Google was able to offer their services for free - and Page told him how their long term plan was to gather as much data as possible through their free services in order to build artificial intelligence.

      So while we all thought a free GB of storage and searchable email was awesome in 2004, we were just blindly feeding what’s happening today with the AI craze.

    • [object Object]@lemmy.caEnglish
      16·
      23 hours ago

      Remember watching your storage capacity increase like some sort of fucking witchcraft? That was the good era of the internet.

    • fizzle@quokk.auEnglish
      6·
      23 hours ago

      I think the early days of Google docs were peak google-love for me.