Don't Worry, AI Investors, the Artificial Intelligence Boom Is Still on -- But There Are Rising Dangers for Nvidia
First, Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) held its Google Cloud Next 2025 event last week, which probably flew under many investors' radars. At the event, not only were there a number of exciting announcements, especially with regard to Google's new Gemini 2.5 model, but CEO Sundar Pichai also confirmed Alphabet's previously announced plans to spend a massive $75 billion on AI data centers this year. Pichai added that spending is yielding good returns, saying, "The opportunity with AI is as big as it gets."