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Alphabet to raise $80bn via stock sale to boost AI infrastructure, with Berkshire Hathaway buying $10bn shares.

Market News
02 Jun 2026
Proactive Investors
View Source
Bullish
pluang ai news

Alphabet Inc announced plans to raise $80 billion through a stock sale to fund its AI infrastructure expansion, driven by high demand for its AI products. Berkshire Hathaway will purchase $10 billion of the shares directly. This move supports Alphabet's broader $180-$190 billion capital expenditure plan for 2026 amid a tech industry-wide surge in AI spending. The funds will help scale global compute capacity as competition intensifies in the AI sector.

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