Alphabet’s AI Push: Google parent to raise $80 billion from stock sale; Berkshire Hathaway invest $10 billion more

Alphabet, the parent company of Google, has announced plans to raise $80 billion through a series of stock sales, anchored by a $10 billion private investment from Berkshire Hathaway, as the technology giant accelerates spending on artificial intelligence infrastructure to meet surging customer demand that has outpaced its current computing capacity.

Alphabet Plans $80 Billion Capital Raise to Meet Record AI Infrastructure Demand