B2B, short for Business-to-Business, describes commerce transactions between businesses, rather than between businesses and consumers (B2C). It encompasses the exchange of goods, services, or information between companies to support their operations or to resell to their customers. B2B interactions often involve larger volumes of products or services and may include negotiations, contracts, and customized solutions tailored to meet the specific needs of business clients. This business model focuses on providing value to other businesses, fostering long-term relationships, and driving mutual growth and success in the marketplace.
Google’s $75B AI Investment Plan for 2025
In a statement from CEO Sundar Pichai on Alphabet’s Q4 2024 earnings release, the company said it intends to spend about $75 billion in capital expenditures in 2025. This is a significant increase from the $32.3 billion that was spent in 2023 and shows how the competition between tech giants to boost their AI capabilities […]