02:40 PM EDT, 07/09/2025 (MT Newswires) -- Alphabet's (GOOG, GOOGLE ( GOOG )) Google ( GOOG ) is mainly targeting technical infrastructure for its artificial intelligence investments, Reuters reported Wednesday, citing the company's APAC head of AI Eunice Huang.
In the early stages of a "very transformative" technology, chances of underinvesting are "dramatically higher" than those of overinvesting, the report cited Huang as saying at the Reuters NEXT Asia summit in Singapore.
Alphabet said in April that it was still committed to spending around $75 billion in 2025 to build out data center capacity despite the US tariff situation, the report said.
Alphabet did not immediately reply to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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