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YouTube Q4 Ad Sales Hit Record $10.5 Billion, Parent Alphabet Projects $75 Billion in 2025 Capex Spending Amid AI Arms Race
YouTube's Q4 2024 ad revenue grew 13.8% to top $10 billion for the first time as Alphabet expects to invest $75 billion in capital spending in 2025.
“We are building, testing, and launching products and models faster than ever, and making significant progress in compute and driving efficiencies… Our results show the power of our differentiated full-stack approach to AI innovation and the continued strength of our core businesses.” In December 2024, YouTube viewing on connected TVs in the U.S. increased to capture a record 11.1% share of TV usage among streaming platforms ahead of Netflix (8.5%), Prime Video (4.0%), Hulu (2.5%) and Disney+ (2.1%), according to Nielsen. A federal court last year held that Google broke the law by inking multibillion-dollar deals to make its search engine the default on browsers and smartphones including devices from Apple and Samsung.
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