In a video message, Sundar Pichai, CEO of Google and parent company Alphabet, shared that the tech giant has increased its total capital expenditure to about $185 billion in 2026 from $31 billion just four years ago.
“As we move into the agentic era, we are taking this to the next level. We are making big investments now and for the future,” Pichai said.
READ MORE: Strategic partnerships turn AI ambition into action.
He added that, internally, Google has been using its own products to generate code, streamline cybersecurity threat intelligence and stand up multiagent developer and marketing workflows.
“There’s a lot of change happening, and it can feel like we are in the messy part of the innovation cycle. But we are starting to see the foundational building blocks coming together, unlocking a new wave of innovation,” Pichai said.
Some of the new products Google Cloud announced Wednesday include Gemini Enterprise Agent Platform, upgraded AI-specific chips and advanced features in Agentic Data Cloud. Demonstrations of Gemini Enterprise Agent Platform emphasized its approachability for nontechnical users.
“Intelligence plus automation must deliver value. To make this work, you need context and action,” Kurian said. “Intelligence comes from your data, automation is driven by agents. To solve this equation at scale, you need a complete, integrated system.”
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