Jun. 2 at 6:52 PM
$CLSK Alphabet plans to raise
$80 billion from stock sales to fund AI build-out -
"Google is significantly ramping up spending on artificial intelligence as it races to keep up with tech’s other hyperscalers. The company in April revised its capital expenditure forecast this year to between
$180 billion and
$190 billion, up from its previous estimate of
$175 billion to
$185 billion. ***At the time, when asked what keeps Google executives up at night, CEO Sundar Pichai said “compute capacity.”
“Be it power, land, supply chain constraints, how do you ramp up to meet this extraordinary demand for this moment?” he said.***
https://www.cnbc.com/2026/06/01/alphabet-to-raise-80-billion-from-stock-sales-to-fund-ai-buildout.html
