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.

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