Alphabet Raises Record $85B Through Equity Offerings for AI Infrastructure

According to TechCrunch, Alphabet completed a record $85 billion equity capital raise on Monday, surpassing its initial target after overwhelming investor demand. CEO Sundar Pichai confirmed the offering on X, noting the company originally planned to raise $40 billion but increased it to $45 billion in the first phase, with an additional $40 billion planned for the next quarter. Berkshire Hathaway participated in the offering, purchasing $10 billion in Alphabet stock. The company has committed the proceeds to AI infrastructure and data center expansion, part of its strategy to capture future AI opportunities and meet growing enterprise and consumer demand.
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