Google Boosts 2026 Spending Estimate to as Much as $205 Billion

The Google headquarters in Mountain View, California, on July 21.

Alphabet Inc. projected full-year capital expenditures will be $195 billion to $205 billion in 2026, increasing its already sky-high spending estimate for the year as it works to secure an edge in the artificial intelligence race.

Chief Financial Officer Anat Ashkenazi announced the increase on the company’s second-quarter earnings call Wednesday. The Google parent said in April that it planned to spend as much as $190 billion on capital expenditures this year, more than double what it spent in 2025.

Ashkenazi reiterated that outlays in 2027 will be “significantly” higher as the company builds data centers and acquires other computing resources to power its AI projects and models.

Alphabet’s capital spending reached $44.92 billion in the second quarter, slightly surpassing the $44.15 billion that analysts expected. That was primarily spent on technical AI infrastructure, Ashkenazi said.