Google goes cash flow negative for the first time as AI data center buildout increases capex to a staggering $44.9 billion in a single quarter — CFO warns that capex will increase in 2027 as company banks big on TPUs
On the same day, CFO Anat Ashkenazi raised full-year capex guidance to between $195 billion and $205 billion.
AI infrastructure capacity and cost are becoming core constraints for labs and enterprises scaling real workloads.