www.bloomberg.com
Summarize this content to 100 words: Alphabet topped projections for quarterly revenue and outlined an ambitious capital spending plan, far surpassing predictions, leveraging its growth to build out the data centers and infrastructure needed to lead in the AI age. The Google parent said capital expenditures would reach as much as $185 billion this year, compared with the $119.5 billion analysts expected. The company’s fourth-quarter sales, excluding partner payouts, were $97.23 billion, surpassing the $95.2 billion expected on average by analysts, according to data compiled by Bloomberg. Chief Executive Officer Sundar Pichai said the investments are paying off. Bloomberg Intelligence Senior Global Head of Technology Research Mandeep Singh and Dan Ives, Global Head of Technology Research at Wedbush Securities, join Bloomberg Businessweek Daily to discuss. They speak with Carol Massar and Tim Stenovec. (Source: Bloomberg)
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