Google’s latest quarter marks a sharp reversal from past cash-hoarding criticism: capex reached $45 billion, above its $39 billion in operating cash flow. Delia

Google’s latest quarter marks a sharp reversal from past cash-hoarding criticism: capex reached $45 billion, above its $39 billion in operating cash flow. Delian Asparouhov says the shift reflects how AI is driving Big Tech to spend aggressively on future growth.