Plans centre on continued support for core services and Gemini AI model
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Google parent company Alphabet is to invest about $75 billion by 2025. CEO Sundar Pichai (pictured) revealed these plans at the annual conference for Google’s cloud computing division.
This significant funding will be crucial for supporting the infrastructure needed for Alphabet’s core services, such as Search. It will also play a crucial role in developing advanced AI initiatives, including the Gemini AI model. Pichai stressed that this investment is intended to enable business customers to take advantage of advanced AI technologies.
Pichai highlighted Google’s long-standing commitment to AI innovation, stating that the company sees AI as the most effective way to fulfill its mission of organising and making information universally accessible and useful. He further highlighted the immense potential of AI and Alphabet’s commitment to invest in all aspects of AI development, from basic research to the infrastructure needed for its deployment.
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This investment includes servers, data centres and the expansion of Google’s AI computing cloud business. Pichai also revealed that Google’s network currently spans more than 200 countries and territories, powered by an extensive fibre optic network of more than 2 million miles. To further improve connectivity, Google is making its Cloud Wide Area Network accessible to Google Cloud customers worldwide.
Alphabet’s announcement comes amid a wave of massive investments in AI infrastructure by major technology companies worldwide. However, this trend has also raised concerns among investors about the scale of these investments and the need for clearer paths to profitability.
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