Google owner Alphabet to sell $80bn in stock to fund AI spending spree
One of largest equity fundraisings ever includes $10bn share sale to US investment group Berkshire Hathaway
https://www.theguardian.com/business/live/2026/jun/02/alphabet-80bn-share-sales-ai-spending-berkshire-hathaway-stock-markets-oil-interest-rates-inflation-latest-news-updates">Business live – latest updates
Google’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 https://www.theguardian.com/business/2025/may/03/warren-buffett-retirement-berkshire-hathaway">led until last year by the retired investment guru Warren Buffett for 60 years.
https://www.theguardian.com/technology/2026/jun/02/google-alphabet-sell-stock-ai-share-sale-berkshire-hathaway">Continue reading...AI Costs Soar, Companies Rethink
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