Economic TimesLean R·
Alphabet’s AI risks deepen as filing reveals $98 billion in commitments beyond the $1 trillion spending
Google parent Alphabet's financial risks related to its artificial intelligence expansion extend beyond the $1 trillion plus in spending commitments it disclosed earlier, and sits at around $98.5 billion as of the September quarter as per its latest regulatory filing, according to a Bloomberg report.The filing on Thursday shows Alphabet could face another $98.5 billion in contingent commitments under certain conditions, up about $23 billion from the previous quarter. These include guarantees fo…
Read at Economic Times →
