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Google parent Alphabet’s shares plunge 12.6% as investors question returns from AI spending

Company reports 25% revenue growth, but quarterly infrastructure spending crosses $51 billion; lower advertising revenue from AI-powered Search queries adds to concerns

Google parent Alphabet’s shares plunge 12.6% as investors question returns from AI spending

We haven't written up this one. The Hindu - Sci-Tech has the full story — the link below goes straight to it.

Read the original at thehindu.com →

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