
Google-parent Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai has urged employees to ramp up their use of artificial intelligence, saying the company must boost productivity amid plans for $85 billion in capital expenditures this year.
What Happened: At an all-hands meeting last week, Pichai told staff that the era of adding headcount to scale operations is over, and that Google must now "accomplish more," reported CNBC, citing an audio of the meeting.