Alphabet to raise $80bn from share sales to fund AI spending splurge – business live

Source: guardianTech June 1, 2026 · 23:54
Rolling coverage of the latest economic and financial newsAnthropic confidentially files for initial public offering on US stock marketAlphabet’s massive share sale, and Anthropic’s IPO, are also reminders that an AI crash would have serious consequences for investors, both large and small.Ipek Ozkardeskaya, senior analyst at Swissquote, explains:The AI race is no longer being funded solely by venture capitalists willing to lose money for a decade in exchange for a shot at changing the world. The financing is becoming increasingly institutionalized. Just yesterday, Alphabet announced plans to raise $80 billion to fund its AI ambitions – one of the biggest stock deals in history – including a $10 billion investment from Berkshire Hathaway.This means that AI is increasingly becoming a financ…

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