Tags: Equity offering

Alphabet completed an $85 billion equity offering, surpassing its original $40 billion target after demand flooded the market. The sale, which netted $45 billion in its first tranche, drew heavyweight investors including Berkshire Hathaway. CEO Sundar Pichai said the proceeds will back a multi‑year strategy to expand Google’s artificial‑intelligence infrastructure and data‑center capacity. The unprecedented raise signals strong institutional appetite for AI‑related assets and sets a new benchmark for public offerings in the sector. Weiterlesen