Google Can’t Afford to Take Its Foot Off the Spending Brakes

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Competing in AI isn’t getting cheaper, and Alphabet’s Other Bets is still a drag on earnings.

Aug.

22, 2023 6:30 am ETRuth Porat, chief financial officer of Alphabet, is moving to a new role at the company that will primarily oversee the spending in the Other Bets segment.Google is back in Wall Street’s good graces. It clearly isn’t taking chances in working to stay there.Continue reading your article with

 

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