You sound like a twat.
Microsoft had visions of smartphones and mobile ecosystems long before Apple or Google had them. They failed hard, which Apple and then Google took lessons from for their subsequent success.
Facebook, Sony, Valve and HTC all had visions of augmented and virtual realities. They all stagnafailed hard, which Apple is taking lessons from for their seeming success soon.
IBM had visions of personal computing long before Apple or Microsoft did. They failed hard, which both Microsoft and Apple took lessons from for their subsequent successes.
Being a visionary does not mean you'll become a leader, but you won't become a leader without a vision.
Their cloud?
However, you need vision to know which company to acquire, too.
However, I don’t think they’ve been able to turn said money spending into more than research/demos ( deep mind included ) even pre-openAI ?
Edit : I understand they use it extensively internally, I meant for regular user facing products ( like openAI did with ChatGPT )