Alphabet

Worries Over AI Investment and Weak Cloud Growth Weigh on Alphabet’s Shares

Alphabet’s significant investment in artificial intelligence (AI) infrastructure is under increasing scrutiny. Investors expressed disappointment over the company’s weaker-than-expected cloud growth and a new forecast that suggests even greater spending on AI expansion. While Alphabet’s revenue rose 12% year-over-year to $96.5 billion in the fourth quarter, growth in its cloud services and other business segments fell short of expectations. This led to a more than 7% drop in the company’s stock price after markets closed on Tuesday. During the conference