Alphabet is investing up to $190 billion in AI and cloud infrastructure through 2026, and the company says spending will rise "significantly" again in 2027.

Alphabet reported first-quarter earnings, posting booming cloud revenue and upping its full-year capex spend to as much as $190 billion.

Google Cloud topped $20B in quarterly revenue for the first time, fueled by surging demand for AI. But capacity constraints mean it could have grown even faster.

Alphabet's stock climbs as Google Cloud revenue runs rampant, growing 63% - SiliconANGLE

Alphabet is investing up to $190 billion in AI and cloud infrastructure through 2026, and the company says spending will rise "significantly" again in 2027.

Big tech keeps pouring more money into AI data centers, chips, and infrastructure. According to the Financial Times, Google, Amazon, Microsoft, and Meta have a combined budget of…