Google completed a quarter with negative cash flow for the first time in its history.
At the end of the reporting period, the figure was minus $5.9 billion.The main reason was record spending on the construction of data centers and the development of infrastructure for artificial intelligence.
In addition, the company increased its capital expenditure forecast: by the end of the year, Google intends to invest another $15 billion more in AI than previously planned.
Investors are now closely watching how quickly these multibillion-dollar investments will begin to pay off due to new AI services and the growth of the cloud business.
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