Alphabet

Demis Hassabis moves to a strategy and research role as Koray Kavukcuoglu takes charge of Google DeepMind and four longtime executives launch Discovery Loop.

Alphabet raised its annual capital-spending forecast to as much as $205 billion after AI infrastructure outlays pushed quarterly free cash flow to negative $5.9 billion.

Alphabet plans to raise up to $80 billion through stock offerings and a Berkshire Hathaway investment as AI demand drives a sharp increase in infrastructure spending.

YouTube said it will automatically apply labels when its systems detect significant photorealistic AI use that creators have not disclosed.

Google is putting AI agents at the center of its enterprise growth strategy, pairing up to $185 billion in planned capital expenditure with AI-generated code, cloud infrastructure and a $750 million partner fund.