Google’s parent company Alphabet has just announced that it plans to raise $80 billion and invest that money in scaling its AI infrastructure. Alphabet will basically sell its own stock to get the cash, with a $30 billion public offering, a $40 billion program allowing the company to sell stock over time, and a $10 billion private placement investment from Warren Buffet’s Berkshire Hathaway.
Alphabet revenue grew 22% year-on-year to $110 billion in the first quarter of this year, while Google reached 350 million paid subscriptions in that quarter across its services.
Alphabet expects its capital expenditures to reach $180-190 billion in 2026, with a significant increase over that in 2027, and the $80 billion will contribute to the company funding its investments “in a balanced way while retaining a healthy balance sheet”, according to the official press release on the matter, which is linked below.
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