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US Business · abc.xyz · Tuesday, 2 June 2026

Alphabet seeks $80B equity raise to bankroll AI infrastructure build‑out

Alphabet unveiled a plan to raise up to $80 billion through equity offerings, including a $10 billion anchor investment from Berkshire Hathaway, to fund massive expansion of its AI compute and infrastructure. The raise would be the largest equity sale in U.S. corporate history, underscoring the scale of the company’s AI capex push.

Read the source: abc.xyz ↗In the 2 June issue →