Key Takeaways Google parent Alphabet said it plans to spend $75 billion in capital expenditures this year, as it expands capacity to meet demand for AI.CFO Anat Ashkenazi said a majority of that spending would go toward technical infrastructure,

Alphabet will face investor scrutiny over its massive spending on AI when it reports earnings on Tuesday, as revenue growth at the Google parent likely slowed in the holiday quarter due to a slowdown in its advertising and cloud businesses.