Jun. 2 at 4:11 AM
$GOOGL is accelerating its AI infrastructure expansion with a newly announced
$80B capital raise.
The funding package includes:
•
$10B investment from
$BRK.B (Berkshire Hathaway)
•
$30B in public equity offerings
•
$40B through an at-the-market (ATM) share program
Berkshire previously disclosed a stake worth roughly
$16.6B in Alphabet, and the additional investment signals continued confidence in the company's long-term AI strategy.
Alphabet said the proceeds will primarily fund AI compute capacity, data centers, and infrastructure expansion. The company recently raised its annual AI and infrastructure spending outlook to
$180B–
$190B.
After issuing more than
$85B in debt over the past year,
$GOOGL is now turning to equity markets to further support its next phase of AI growth.