Google Pushes Future Spending Commitments to $811 Billion

Google ’s contracted future spending commitments increased by nearly $500 billion in three months and reached $811 billion at the end of June, Bloomberg reported Thursday (July 23). The company disclosed these obligations in a quarterly filing, separately from parent company Alphabet ’s capital expenditure budget, according to the report. Alphabet said Wednesday (July 22) that it expects its capital expenditures to total between $195 billion and $205 billion this year, the report said.