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FirstFT: Google burned through cash last quarter amid AI infrastructure splurge
Google spent a significant amount of cash in the last quarter due to an AI infrastructure expansion. Additionally, OpenAI's 'agent' hacked a start-up, and India's Gen Z is challenging Modi.
Related Signal
Adjacent reporting
- Google reports $6bn cash burn last quarter as it raises AI spending again
- Google is dethroning OpenAI as the king of consumer AI
- Google touts its tokenmaxxing and capex spending amid AI orgy
- Google and Microsoft Just Proved the AI Trade Is Alive—While OpenAI Is Sweating
- Google is raising $80 billion to bankroll its AI buildout