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News 2026-07-23 11:58 UTC

As Wall Street Frets Over Alphabet's AI Spending Binge, Mark Cuban Says Google Is Simply Doing What Worked in 1998: 'We Needed to Have More

Billionaire entrepreneur Mark Cuban is defending Alphabet Inc. ‘s (NASDAQ: GOOG ) (NASDAQ: GOOGL ) massive artificial intelligence capital expenditures, likening the tech giant’s strategy to the 1998 internet boom where companies must “push in all their chips” to secure dominance. Echoes of the 1998 Tech Boom Respondin