Alphabet Forecasts 64% Cloud CapEx Jump, 55% Gemini Adoption and $40B Anthropic Bet

GOOGGOOG

Alphabet expects cloud capital expenditures to grow roughly 64% in 2025 and 58% in 2026 as GPU demand outstrips supply after Google Cloud Next, boosting outlook for Google Cloud’s AI infrastructure. Concurrently, 55% of firms deploy Google Gemini with 80% of Workspace users likely to upgrade, and Google may invest up to $40 billion in Anthropic.

1. Accelerated Cloud CapEx Growth

Analysts forecast Google Cloud capital expenditures will increase roughly 64% in 2025 and 58% in 2026 as AI compute demand outpaces GPU supply, driving elevated infrastructure buildout and committed capacity contracts.

2. Google Gemini Adoption and Workspace Upgrades

A recent enterprise survey indicates 55% of organizations deploy Google Gemini and 80% of Workspace users are likely to upgrade subscriptions within 12 to 18 months, signaling stronger monetization prospects for Workspace services.

3. Potential $40B Anthropic Investment

Google plans to invest up to $40 billion in Anthropic, reinforcing its long-term AI model portfolio and potentially securing preferential access to advanced generative AI technology.

Sources

FFF