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Google has reported its financial results for the second quarter of 2026 (PDF), and as usual, the search giant raked in an unfathomable amount of money. Google saw total revenue of $119.8 billion, beating analyst expectations by a comfortable margin. Despite that, the company’s stock has taken a hit. Along with all that revenue, Google has announced a further increase in its AI-fueled capital expenditures (or capex). The company is actually spending so much on AI infrastructure that it has negative cash flow for the first time.

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[-] thericofactor@sh.itjust.works 27 points 4 days ago

It is time the behemoths of the past wither away and die taking their billionaire founders and investors down with them. Being here, dear reader, is one of the small things you can do (and are doing) to speed this up. We don't need our lives inventoried and categorized by Google, cheap polluted products that we don't need from Amazon or sub par electric vehicles from Tesla. All while their nauseatingly wealthy owners fund space travel for the extremely rich, brainwash people to further their agenda and steal and sell our own knowledge back to us at a premium.

this post was submitted on 24 Jul 2026
226 points (100.0% liked)

Fuck AI

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