Anat Ashkenazi, CFO of Alphabet, announced during the earnings call that the full-year capital expenditure guidance for 2026 has been raised to a range of $180 billion to $190 billion, primarily due to the completion of the acquisition investment in Intersect in March. Owing to a surge in internal and external demand for artificial intelligence computing resources, the investment has yielded significant growth, with Google Cloud revenue and order backlog reaching new highs, and Google services performing strongly. The company expects capital expenditures to continue growing significantly in 2027.
