Alphabet discloses USD 98.5 billion in contingent commitments tied to its AI expansion

TechnologyInternationalEl EspectadorOct 29, 2026, 12:32 PM40 s readAI summary

Alphabet reported about USD 98.5 billion in contingent commitments it could assume under certain conditions, roughly USD 23 billion more than the previous quarter, according to its quarterly filing. They include guarantees for data center leases, backing for partners' purchases of electrical equipment and a possible buyback of up to USD 6.6 billion in AI chip systems. Google Cloud's backlog rose to USD 560.8 billion at the end of September, from USD 513.9 billion three months earlier.

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Contingent commitments total USD 98.5 billion, up about USD 23 billion from the prior quarter.
Google Cloud's backlog reached USD 560.8 billion at the end of September, from USD 513.9 billion.
USD 16.8 billion of that backlog is tied to a multi-year agreement with Crux AI, a company created with Blackstone in which Alphabet holds a minority stake.

Read the full story at El Espectador

IASummary generated by artificial intelligence from a story by El Espectador. It may contain errors: the original source prevails.

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Alphabet discloses USD 98.5 billion in contingent commitments tied to its AI expansion

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