Alphabet plans to raise $80 billion for AI goals, Berkshire to invest $10 billion
Alphabet is looking to raise $80 billion in equity offerings, including an investment from Berkshire Hathaway, the Google parent said on Monday, in its aggressive push to fund a costly expansion of its AI infrastructure.
The deal brings in Warren Buffett’s diversified holding company as a major new investor, adding a high-profile endorsement of Alphabet’s long-term AI and cloud strategy.
