Alphabet to raise $80 billion through stock sale to fund AI infrastructure
← Zurück zu Nachrichten Alphabet announced Monday it will sell $80 billion of its own stock, including a $10 billion block to Berkshire Hathaway, to finance a massive AI compute buildout. The proceeds will cover general corporate purposes and capital expenditures aimed at scaling the company’s AI infrastructure. Executives said demand for Alphabet’s AI services is outpacing supply, prompting the company to secure funding while keeping its balance sheet healthy. Weiterlesen
Tags: Berkshire Hathaway