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News · 2 June 2026

Alphabet raising $80 billion for AI spending

Alphabet raising $80 billion for AI spending

Photo by BoliviaInteligente on Unsplash

Alphabet plans to secure $80 billion to fuel its extensive artificial intelligence projects, highlighting significant tech sector investment. The Google parent company announced on Monday that the money will come from various equity offerings, including a deal with Berkshire Hathaway. The significant capital raise marks a prominent equity transaction.

Reported by Reuters · How we write briefs

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