Alphabet discloses more than $1 trillion in future AI payments

First reported by Bloomberg at · Updated · 3 sources

The commitments cover computing, energy and data centres and sit outside Alphabet’s balance sheet, according to The Next Web’s account of its quarterly filing. Bloomberg reports that more than a third of the quarterly increase in Alphabet’s backlog of unfulfilled cloud contracts came from a joint venture it partly owns.

Covered by 3 publishers within 4 hours of the first report.

Reporting3

Bloomberg Alphabet Plunges by Record With AI Exposure Topping $1 Trillion · Davey Alba and Julia Love
The Next Web Alphabet’s AI commitments pass $1tn, its quarterly filing shows · Cristian Dina

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Topics GoogleData centers