On Wednesday, during Alphabet Inc.'s (NASDAQ: GOOG) (NASDAQ: GOOGL) fourth-quarter earnings call, CEO Sundar Pichai said meeting surging AI demand has become the company's biggest near-term challenge.

Responding to an analyst question about what concerns leadership most at this stage of Google's evolution, Pichai said the company's long-standing "AI-first" strategy is now colliding with real-world ...

With the projection, Alphabet is resetting the year's expectations for how it'll spend in 2026 and testing its favor with Wall Street. The company said in October that it expected "a significant ...