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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

ZTE Day Indonesia 2026 strengthens AI innovation and digital infrastructure collaboration to accelerate Indonesia's digital transformation

ZTE held ZTE Day Indonesia 2026 in Jakarta to showcase its latest integrated ICT innovations aimed at accelerating Indonesia's digital transformation. The event highlighted how AI, intelligent networks, and cloud infrastructure are crucial for national digital competitiveness and future economic growth. ZTE emphasised the need for strong cross-industry collaboration to build a robust digital foundation for the country.

The Register 19d ago

Meta enters enterprise AI race with new business agent

Meta enters enterprise AI race with new business agent LONDON, June 3 : Meta Platforms on Wednesday unveiled an artificial intelligence agent aimed at helping businesses carry out day-to-day operations, positioning the social media giant as a player in the enterprise AI market. Announced at the company's WhatsApp-focused Conversations conference in London, the new product expands on existing business messaging services by enabling "agentic" capabilities in which the assistant can take...

Channel News Asia 7d ago

Meta launches enterprise-focused AI 'business agent' to automate daily operations

Meta launches enterprise-focused AI 'business agent' to automate daily operations LONDON, June 3 : Meta Platforms on Wednesday unveiled an artificial intelligence agent aimed at helping businesses carry out day-to-day operations, positioning the social media giant as a player in the enterprise AI market. Announced at the company's WhatsApp-focused Conversations conference in London, the new product expands on existing business messaging services by enabling "agentic" capabilities in which...

Channel News Asia 7d ago

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

CrowdStrike is a buy, just not yet. Here's why

CrowdStrike on Wednesday evening reported better-than-expected quarterly results and better-than-expected forward guidance, only to see its near-record-high stock sell off. The hot money that got in, looking for a Hewlett Packard Enterprise or Dell type post-earnings surge , no doubt booked profits, sending shares down more than 11% to around $664 each. We're not short-term thinkers.

CNBC 6d ago

India's IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9%

India's IT stocks head for worst day in 4 months on AI disruption worries; TCS plunges 9% June 3 : India's information technology stocks were headed for their worst day in four months on Wednesday as renewed concerns that artificial intelligence could disrupt traditional software services rattled investors. The IT index was down 5.8 per cent at 29,310.25 points. If losses hold, this would be its worst day since February 4.

Channel News Asia 7d ago

Claude Mythos 5 / Fable 5

Claude Claude Fable 5 Next generation of intelligence for the hardest knowledge work and coding problems. Announcements Claude Fable 5 Jun 9, 2026 Claude Fable 5 introduces our 5th model generation for your most ambitious work. Tackle days-long, complex, and asynchronous tasks previous models couldn’t sustain.

Hacker News 22h ago