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Google parent Alphabet to sell $80bn in stock to fund AI plans

Google parent Alphabet to sell $80bn in stock to fund AI plans US tech giant says fundraising drive includes deal to sell $10 bn of stock to Berkshire Hathaway. Alphabet, Google’s parent company, has announced plans to sell $80bn worth of shares to fund its rollout of artificial intelligence. Alphabet said on Monday that the equity offerings would finance the rollout of AI infrastructure needed to meet “unprecedented customer demand”.

Al Jazeera 8d ago

Alphabet plans to raise $80 billion for AI goals, Berkshire to invest $10 billion

Alphabet plans to raise $80 billion for AI goals, Berkshire to invest $10 billion June 1 : Alphabet is looking to raise $80 billion in equity offerings, including via an investment deal with Berkshire Hathaway, the Google parent said on Monday, in its aggressive push to fund a costly expansion of its AI infrastructure. The deal also brings in Warren Buffett's diversified holding company as a major new investor, adding a high-profile endorsement of Alphabet's long-term AI and cloud strategy.

Channel News Asia 8d ago

Alphabet is seeking fresh capital as stock's 4-week losing streak tests investor appetite

A month ago, Alphabet briefly surpassed Nvidia by market cap. The stock has since been on a downward slide, and is on pace to wrap its fourth straight weekly drop, the longest losing streak in more than a year. That's the market mood Alphabet faces as it pursues $85 billion in fresh capital to help fund its artificial intelligence build-out.

CNBC 4d ago

Alphabet launches €68bn fundraising drive to accelerate AI expansion

Google's parent company Alphabet is raising $80 billion (€68.7bn) through a series of share offerings, marking one of the largest equity fundraising efforts in corporate history as competition in AI development intensifies. Alphabet, Google's parent company, has unveiled plans to secure up to $80 billion (€68.7bn) in fresh capital to support its growing AI ambitions, underlining the enormous financial commitments now required in the new technological race. The company stated on Monday that...

Euronews 7d ago

Berkshire invests extra $10 billion in Alphabet, deepening bet on AI

Berkshire Hathaway is deepening its bet on artificial intelligence and one of the industry's dominant players, investing an additional $10 billion in Alphabet through a private stock purchase. Alphabet said Monday it reached an agreement to sell $5 billion of its Class A shares to Berkshire at $351.81 apiece and another $5 billion of Class C stock at $348.20 per share. The transaction adds to a position Berkshire has been rapidly building over the past three quarters, marking one of the...

CNBC 8d ago

Alphabet to raise $84.75 billion in upsized equity offering to fund AI ambitions

Alphabet to raise $84.75 billion in upsized equity offering to fund AI ambitions June 3 : Alphabet has increased the size of its equity offerings to $84.75 billion, in a sign of strong investor appetite for big tech companies as they expand their AI infrastructure and computing power. On Monday, the Google parent said it would raise $80 billion, as big tech companies compete to out-build each other with AI data centers to get ahead in what executives see as a once-in-a-generation AI race. In...

Channel News Asia 6d ago

Alphabet plans to raise $80 billion from stock sales to fund AI buildout

Alphabet said Monday it plans to sell $80 billion in stock, including through a $10 billion investment by Berkshire Hathaway. The Google parent company said the capital will "fund investments in its world-class AI compute infrastructure to meet its unprecedented customer demand." "The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company's available supply," Alphabet said in the filing.

CNBC 8d ago

Alphabet taps Intel to make three million in-house chips, The Information reports

Alphabet taps Intel to make three million in-house chips, The Information reports June 8 : Alphabet's Google has placed an order with Intel to manufacture more than three million tensor processing units in 2028, The Information reported on Monday, citing people with direct knowledge of the discussions. Nvidia has not placed an order with Intel yet, but has been evaluating whether the company's technology can be used to make a processor that combines four graphics chips into a single unit,...

Channel News Asia 1d ago

Alphabet plans $80 billion stock sale as AI spending surges

Alphabet plans $80 billion stock sale as AI spending surges June 2, 2026Advertisement Google parent Alphabet said Monday it plans to sell $80 billion (€93 billion) in stock to fund a major expansion of its artificial intelligence (AI) infrastructure. The announcement comes as Anthropic, maker of the Claude chatbot, said it has filed confidentially for an initial public offering. ChatGPT maker OpenAI is also widely expected to pursue a public listing.

Deutsche Welle 8d ago

Alphabet's plan to sell $80 billion in stock to fund its AI buildout isn't all bad

Alphabet bulls fought the down tape all day on Tuesday, taking the glass-half-full view of the company's plans to sell a massive amount of stock to fund its artificial intelligence buildout. The cloud and search giant announced late Monday that it plans to raise $80 billion through a stock offering, including a $10 billion investment by Berkshire Hathaway . It's the latest step in an aggressive effort by big tech companies to secure future funding for AI infrastructure.

CNBC 7d ago