Alphabet to Raise $84.75 Billion in Upsized Equity Offering to Fund AI Ambitions
The company said the proceeds will fund AI infrastructure and data centers as investors backed a larger-than-planned sale.
- On Monday, CEO Sundar Pichai announced Alphabet upsized its initial $40 billion equity offering to $45 billion after strong demand, with a second $40 billion tranche planned for next quarter, totaling $84.75 billion.
- Alphabet expects to spend between $180 billion and $190 billion on capital expenditures this year, primarily targeting data centers and AI computing infrastructure to support its competitive position.
- Berkshire Hathaway committed $10 billion in a private placement split evenly between Class A and Class C stock, signaling Warren Buffett's confidence in the AI-focused strategy despite his historical wariness of tech.
- The $85 billion total represents the largest equity offering in history, surpassing the $70 billion record set by Brazilian oil producer Petroleo Brasileiro in 2010, while tech giants have collectively committed over $700 billion to AI this year.
- Goldman Sachs estimates between $4 trillion and $8 trillion will flow into AI infrastructure over the next five years, as Anthropic confidentially filed its IPO paperwork on Monday, signaling continued capital mobilization across the sector.
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Berkshire Hathaway Just Agreed to Put $10 Billion Into Alphabet's AI Build-Out. Should Investors Follow?
Key PointsAlphabet is raising $84.75 billion in equity, its largest-ever equity capital raise, to help fund its AI build-out.Berkshire Hathaway agreed to buy $10 billion of that stock through a private placement.Alphabet's Google Cloud revenue grew 63% year over year in the first quarter of 2026.10 stocks we like better than Alphabet › It isn't every day that one of the most profitable companies on the planet asks investors for cash. But that is…
Sales is Alphabet's first stock offer in more than two decades and will be the largest already registered, surpassing the sale of Petrobras shares in 2010, which reached $70 billion
Alphabet Upsizes Equity Offering to $85 Billion for AI Spending
Google parent Alphabet Inc. upsized its equity raise to $84.75 billion from the $80 billion it announced just two days earlier in a bid to help fund growing artificial intelligence spending plans.
Alphabet raises record $85B in equity for AI infrastructure
The public markets have been asked whether they believe in AI, and they have answered with $85 billion. Alphabet’s record-shattering equity offering, which priced on 2 June, is not just the largest stock sale in tech history. It is the largest equity offering of any kind, in any industry, ever. The company had initially planned to […] This story continues at The Next Web
Alphabet previously announced that capital expenditures in 2026 would be between $180 billion and $190 billion.
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