Anytime you go through a period of extraordinary investment, you respond by adding a lot of headcount, right?” Pichai said, according to audio obtained by CNBC. “But in this AI moment, I think we have to accomplish more by taking advantage of this transition to drive higher productivity.”
In its earnings report last week, Alphabet said it plans to spend $85 billion on capital expenditures in 2025, up from the $75 billion it was targeting earlier in the year. It’s a theme that’s resonating across technology, where internet giants are racing to build costly data centers to run big AI models and workloads while simultaneously cutting expenses elsewhere.
