Alphabet's $75 Billion AI Investment Amidst Strong Search and YouTube Growth

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- Alphabet plans to invest $75 billion in infrastructure to enhance AI capabilities.
- Fourth quarter 2024 revenue rose 12% to $96.5 billion, missing expectations.
- Google Search and YouTube reported strong revenue growth, driven by AI integration.
- Alphabet shares trade at nearly 23 times forward earnings, competitive with S&P 500.
- Waymo has completed over 4 million passenger trips, indicating service adoption.
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