Mashable
7/24/2026
Google raises 2026 AI spending forecast to $205B after negative Q2 free cash flow
Original: Even Googles $120 billion earnings couldn’t out-pace its AI spend
Short summary
Google raised its 2026 AI spending forecast to $205 billion after reporting negative free cash flow for Q2. Even $120 billion in earnings couldn't outpace the company's accelerating AI infrastructure costs. The figures underscore the massive capital intensity of the current AI buildout cycle.
- •Google raised 2026 AI spending forecast to $205B
- •Q2 showed negative free cash flow despite $120B earnings
- •Highlights escalating capital costs of AI infrastructure buildout
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