Google owner Alphabet to sell $80bn in stock to fund AI spending spree
Alphabet plans to raise up to $80 billion to fund its artificial intelligence infrastructure investments. This fundraising effort includes a $10 billion share sale to Berkshire Hathaway and is one of the largest equity fundraisings globally. The company aims to expand its AI capabilities to meet increasing customer demand, although concerns about the profitability of such investments persist.
- ▪Alphabet is raising up to $80 billion for AI infrastructure investments.
- ▪The fundraising includes a $10 billion share sale to Berkshire Hathaway.
- ▪Half of the raised funds will be dedicated to scaling AI infrastructure.
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Alphabet’s Gemini AI system has been increasing its share of the AI chatbot market. Photograph: Algi Febri Sugita/ZUMA Press Wire/ShutterstockView image in fullscreenAlphabet’s Gemini AI system has been increasing its share of the AI chatbot market. Photograph: Algi Febri Sugita/ZUMA Press Wire/ShutterstockAlphabetGoogle owner Alphabet to sell $80bn in stock to fund AI spending spreeOne of largest equity fundraisings ever includes $10bn share sale to US investment group Berkshire Hathaway Business live – latest updates Julia Kollewe and Graeme WeardenTue 2 Jun 2026 04.38 EDTLast modified on Tue 2 Jun 2026 04.39 EDTSharePrefer the Guardian on GoogleGoogle’s parent company Alphabet has said it plans to raise up to $80bn (£59bn) in equity to fund its vast artificial intelligence…
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