Google's AI Gamble: A $5. 9 Billion Bet on a Future That's Already Here For nearly two decades, Alphabet's cash machine operated with unprecedented efficiency, generating more revenue than expenses in every quarter.
However, this record was shattered between April and June of this year when the company incurred its first negative free cash flow since going public in 2004. The numbers are staggering: Google spent $44.
9 billion on AI infrastructure over three months – approximately $490 million per day – outpacing business generated cash by $5. 8 billion during the same period.