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Evidence
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FactIn ProgressFinancial·April 25, 2025

Major Technical Infrastructure Capital Expenditure Ramp

Property and equipment net increased to $185.1 billion (from $171.0 billion at year-end 2024), with technical infrastructure assets growing from $139.6 billion to $151.0 billion and assets not yet in service rising from $50.6 billion to $55.6 billion, reflecting accelerated AI infrastructure buildout.

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