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Fortune

Sheryl Estrada

Google is spending massively on AI—but an analyst says it's making the 'right moves at the right time'

Google Anat Ashkenazi Alphabet

Google logo displayed on a screen with an audience below (Credit: Getty Images)

Good morning. Alphabet Inc., the parent of Google, is placing AI at the heart of its infrastructure to enhance products such as cloud services and search. Meanwhile, CFO Anat Ashkenazi is also betting on the technology to boost efficiency within the company.

As Alphabet expands its AI efforts, the company expects to increase investments in capital expenditure (capex) for technical infrastructure, primarily for servers, followed by data centers and networking, Ashkenazi said during the Q4 earnings call just after the bell on Tuesday.

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