Yes. A very high level of funding usually isn't sustainable unless you have some way of making money (i.e. you're a business) or you are government-funded (e.g. NASA).
The point of Bell Labs was to save the Bell System money. That's why they developed the transistor, Unix, and all the rest: because the cost to run Bell Labs was less than the cost-savings of the inventions it produced when amortized over their whole, enormous, system. I don't see any major cost-savings that Google could have gained from hella cool four-legged robots but maybe I just don't have the imagination.
I mean, wasn't Bell Labs a thing?