Alphabet Announces Plan to Raise $80 Billion Through Stock Sales to Fund AI Infrastructure

Alphabet plans to raise $80 billion through stock sales, including a $10 billion investment from Berkshire Hathaway. The funds will be used for expanding its AI compute infrastructure due to high customer demand.

By Jennifer Elias · CNBC ·

Alphabet Announces Plan to Raise $80 Billion Through Stock Sales to Fund AI Infrastructure

Tickers: $GOOG $GOOGL

Topics: AI infrastructure investment Berkshire Hathaway partnership stock issuance

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