Google Ramps Up 2025 Spending to $85 Billion Amid Soaring Cloud Demand
Summary
Google ramps up its 2025 capital expenditure forecast to a staggering $85 billion, a $10 billion increase from earlier projections, fueled by skyrocketing demand for its cloud services, leading to a massive $106 billion backlog and prompting accelerated data center construction and server investments.
Key Points
- Google increases 2025 capital expenditure forecast to $85 billion from $75 billion
- The increase is driven by strong demand for Google's cloud services, creating a $106 billion backlog
- Google accelerates data center construction and server investments to meet cloud customer demand