Google Parent Alphabet Plans to Spend $75B This Year, as Big Tech Goes All in on AI

1. Alphabet plans to invest $75 billion in AI infrastructure this year. 2. Majority will fund servers and data centers, enhancing AI capabilities. 3. Google Cloud usage surged; demand exceeds previous compute capacity by eight times. 4. Competitors like Meta and Microsoft also boosting AI spending significantly. 5. Emerging competition from firms like DeepSeek may intensify AI investment pressure.