AI Is Burning Through More Money Than Any Technology Boom in History — Now Comes the Hard Part A $4...

AI Is Burning Through More Money Than Any Technology Boom in History — Now Comes the Hard Part A $44.92 Billion Quarter Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) spent $44.92 billion on capital expenditures in the second quarter of 2026, up 100.1% from a year earlier. The company reported the figure on July 22, 2026.