Alphabet targets USD 80 billion capital raise for AI expansion; Berkshire Hathaway to invest USD 10 billion in private placement
New Delhi [India], June 2 (ANI): Alphabet announced a proposed USD 80 billion equity capital raise to expand AI infrastructure and compute, with Berkshire Hathaway investing USD 10 billion in a private placement.
According to an Alphabet press release, the tech giant plans to launch massive equity offerings to finance its world-class artificial intelligence compute infrastructure, driven by unprecedented customer demand.
