From The Register, April 25:
Still plans to invest $75B in CapEx this year as unable to meet capacity demand
Google says the mega capital splurge on datacenters in recent years is putting more strain on its balance sheet due to rising depreciation costs, yet it still plans to splash $75 billion on bit barns in 2025.
The ad search-cum-cloud titan spent $17.2 billion on "technical infrastructure" in calendar Q1 [PDF], said CFO Anat Ashkenazi on a conference call to discuss the results. "The largest components," she added, "being investment in servers, followed by datacenters" to support the search, cloud and DeepMind divisions.
Google owns and operates 135 datacenters across the world and uses colocation providers as part of its cloud interconnect services. Yet the CFO admitted it is still not able to entirely meet customer demand.
"We're in a tight demand supply environment and given that revenues are correlated with the timing of deployment of new capacity, we could see variability in cloud revenue growth rates depending on capacity deployment each quarter," she warned the financial analysts that had dialled in....
....MUCH MORE
