AI Spending
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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.
Uber caps employee AI spending after blowing through budget in four months
AI is getting expensive, and some companies are cutting back on usage in an attempt to moderate costs. That cohort includes Uber, which recently instituted internal usage caps as a way to cut down on its exorbitant AI spend. Bloomberg reports that the company has instituted a new rule that places a monthly $1,500 cap per employee and per agentic coding tool, including Anthropic’s Claude Code or Cursor.
Ramp hits $44 billion valuation as companies look to rein in AI spending
Corporate America is trying to figure out how to rein in rising artificial intelligence spending. That's helping payment software giant Ramp. The spend-management company announced a $750 million funding round at a $44 billion valuation on Thursday.
Amazon engineer criticises company for $200B AI spending after slashing 30,000 workers
A group of Amazon engineers have stood up against their own employer at a Seattle City Council hearing, criticising tech giants for pouring hundreds of billions of dollars into artificial intelligence (AI) infrastructure while simultaneously slashing thousands of human staff. According to a report by Fortune, the workers pointed out an ‘irony’: Big Tech companies are spending historical amounts of capital to build data centres, all to power the very AI agents designed to replace the workers...
Uber president says AI spending is getting 'harder to justify'
Uber's president has stated that the justification for its significant spending on Artificial Intelligence is becoming increasingly difficult. This suggests a potential shift or re-evaluation of the company's current AI investment strategy.
Google owner Alphabet to sell $80bn in stock to fund AI spending spree
Markets take note as world’s biggest equity fundraiser bids to garner more money than the three biggest-ever IPOs combinedBusiness live – latest updatesKenneth Rogoff: will AI create a permanent underclass?Google’s parent company, Alphabet, has said it plans to raise up to $80bn (£59bn) in equity to fund its vast artificial intelligence infrastructure investments, raising further questions over the economics of the AI boom. The move, the largest equity fundraising ever according to analysts,...
Alphabet to Raise $80 Billion in Equity Capital for AI Spending
Google parent Alphabet Inc. is raising $80 billion in equity offerings, including an investment deal with Berkshire Hathaway Inc., to help raise money for its ambitious artificial intelligence spending plans.
Google owner Alphabet to sell $80bn in stock to fund AI spending spree
One of largest equity fundraisings ever includes $10bn share sale to US investment group Berkshire HathawayBusiness live – latest updatesGoogle’s parent company Alphabet has said it plans to raise up to $80bn (£59bn) in equity to fund its vast artificial intelligence infrastructure investments, raising further questions over the economics of the AI boom. The move, one of the largest equity fundraisings ever globally, includes a $10bn share sale to the US investment group Berkshire Hathaway,...
Google owner Alphabet to sell $80bn in stock to fund AI spending spree
One of largest equity fundraisings ever includes $10bn share sale to US investment group Berkshire HathawayBusiness live – latest updatesGoogle’s parent company Alphabet has said it plans to raise up to $80bn (£59bn) in equity to fund its vast artificial intelligence infrastructure investments, raising further questions over the economics of the AI boom. The move, one of the largest equity fundraisings ever globally, includes a $10bn share sale to the US investment group Berkshire Hathaway,...
Alphabet Upsizes Equity Offering to $85 Billion for AI Spending
The Google headquarters in Mountain View, California, US, on Thursday, Oct. 23, 2025. Alphabet Inc. is scheduled to release earnings figures on October 29.