Key facts: Alphabet boosts AI capex; unifies ads; unveils Googlebook
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Alphabet (GOOG) plans to invest approximately $700 billion in hyperscaler capex by 2026 to enhance its AI infrastructure, marking a 77% increase year-over-year. The company is transitioning to a unified ad inventory focused on AI-driven formats and creator content, while also introducing Googlebook, a new AI laptop platform. Additionally, Waymo reported a significant increase in passenger trips, reaching 1.36 million in March 2026, a 92% year-over-year rise.
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