Alphabet Raises $85 Billion to Fund AI Expansion

Jun 4, 2026
Alphabet has completed a record $85 billion equity offering to support its artificial intelligence investments, with Berkshire Hathaway contributing $10 billion. CEO Sundar Pichai said the funds are part of a multi-year strategy focused on AI infrastructure and data centers.
Alphabet Raises $85 Billion to Fund AI Expansion

Alphabet has raised a total of 85 billion dollars through a two-part equity offering to fund its artificial intelligence operations. The first portion brought in about 45 billion dollars after being heavily oversubscribed, according to a post by CEO Sundar Pichai on X. The company plans to sell another 40 billion dollars of shares in the next quarter.

The offering included multiple share classes and depositary shares designed for a broad investor base. Berkshire Hathaway invested 10 billion dollars in the first tranche. Proceeds are part of a multi-year investment plan aimed at expanding AI infrastructure and meeting enterprise and consumer demand.

At its recent developer event, Google said it expects to spend up to 190 billion dollars on capital expenditures this year, primarily for AI data centers and related systems.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like Enterprise AI Brief, AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

Enterprise AI AI Funding News AI Brief AI Brief (X)
Free newsletter

AI Funding Brief

Guide
AI sports analysis tools for clubs and coaches

AI sports analysis tools for clubs and coaches

Compare AI tools for match video, scouting, athlete workload and individual technique.

Industry analysis

2025 Global Business Services Agenda: Gen AI Takes Center Stage

The Hackett Group

This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.

Read more

You may also like

Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.