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AI / Energy Energy

Google owner Alphabet to sell $80bn in stock to fund AI spending spree

Source: guardianTech June 2, 2026 · 01:38
One of largest equity fundraisings ever includes $10bn share sale to US investment group Berkshire HathawayBusiness live – latest updatesGoogle’s parent company Alphabet has said it plans to raise up to $80bn (£59bn) in equity to fund its vast artificial intelligence infrastructure investments, raising further questions over the economics of the AI boom.The move, one of the largest equity fundraisings ever globally, includes a $10bn share sale to the US investment group Berkshire Hathaway, which was led until last year by the retired investment guru Warren Buffett for 60 years. Continue reading...
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