> The most profitable company in the history of the world is now CASH FLOW NEGATIVE.

In the second quarter of this year, Alphabet’s total capital expenditures amounted to $44.92 billion, exceeding the estimated $44.15 billion. During the earnings call, Google CFO ((Ruth Porat)) told analysts that the majority of Google’s capital expenditures were allocated to technical infrastructure supporting AI development, with approximately 60% of infrastructure investments directed toward servers and 40% toward data centers and networking equipment.

Free cash flow for the quarter was negative $5.9 billion, as expenditures on property and equipment exceeded cash generated from operating activities. This also marked the first time in the company’s history that it reported negative cash flow.