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.
Liquid error: internal
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:
More from: Enterprise
More from: Funding
Subscribe to AI Funding Brief
Whitepaper
Stanford HAI’s 2025 AI Index Reveals Record Growth in AI Capabilities, Investment, and Regulation
The 2025 AI Index by Stanford HAI provides a comprehensive overview of the global state of artificial intelligence, highlighting significant advancements in AI capabilities, investment, and regulation. The report details improvements in AI performance, increased adoption in various sectors, and the growing global optimism towards AI, despite ongoing challenges in reasoning and trust. It serves as a critical resource for policymakers, researchers, and industry leaders to understand AI's rapid evolution and its implications.
Read more