The $600 million round was led by Thrive Capital ... investor Alphabet, Google’s parent, it said. The funding will accelerate further development of Isomorphic’s AI drug design engine ...

Alphabet shares dropped 7.2% on a fourth-quarter revenue miss and high capital expenditures plans. The company plans to spend $75 billion on capital expenditures as it build out its AI offerings ...

Alphabet GOOGL.O ... raising new questions about capital spending by Google and U.S. rivals following the emergence of China's DeepSeek, which offers cut-rate AI. He said Google's Gemini ...

AI drug discovery firm Isomorphic Labs has completed the company’s first external funding round since its 2021 founding within Google parent company Alphabet, raising $600 million to advance its ...

Isomorphic Labs Inc., a healthcare startup that spun out of Alphabet Inc. in 2021, today announced that it has closed a $600 million funding round. OpenAI backer Thrive Capital led the investment.

In the January-March period, the company’s capital expenditure had jumped 91% to $12 billion, spooking investors. Like its competitors, Alphabet is racing to roll out AI offerings as investors ...

(Reuters) -Alphabet fell ... rising investments in AI infrastructure would squeeze margins and YouTube was facing tough competition for ad dollars. The Google parent's capital expenditure rose ...

But just like Meta, Alphabet isn't throwing down the towel in Big Tech's AI spending wars.In its latest earnings report, Alphabet announced it would boost capital expenditures to $75 billion this ...

Alphabet shocked investors with its plan for $75 billion in capital expenditures in 2025. Its investments are paying off with strong Google Cloud growth and improvements to search and advertising.

Alphabet Inc. shares fell ... higher than analysts expected. Capital spending rose to $13.2 billion in the second quarter, supporting Google’s AI programs and computing power needs, the company ...

Google parent Alphabet said it plans to spend $75 billion in capital expenditures this year, as it expands capacity to meet demand for AI. CFO Anat Ashkenazi said a majority of that spending would ...