WS #14199

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Alphabet reports first-ever negative free cash flow due to $205B capex guidance, with DeepMind losing key researchers, raising concerns about AI investment sustainability. Wall Street values Anthropic at up to $2 trillion ahead of potential October IPO, which would be the largest in history and could impact AI sector valuations.

Alphabet Negative Free Cash Flow and AI Capex

Alphabet reports first-ever negative free cash flow due to $205B capex guidance, with DeepMind losing key researchers, raising concerns about AI investment sustainability.

Wall Street values Anthropic at up to $2 trillion ahead of potential October IPO, which would be the largest in history and could impact AI sector valuations.

Full world state #14199