Alphabet to Raise $80 Billion in Equity to Finance AI Infrastructure Buildout

Alphabet plans to raise $80 billion in equity capital to help finance its aggressive artificial intelligence buildout, as the Google parent races to meet surging demand for AI products and services. According to Bloomberg, the fundraising package includes an investment deal with Berkshire Hathaway, while Alphabet said in its own statement that demand from enterprises and consumers is outpacing its available supply.

The move underscores how quickly Alphabet is scaling its AI ambitions. The company has already signaled that it expects capital spending to jump sharply this year, with earlier reports indicating plans to spend roughly on infrastructure tied to AI, including data centers and chips. That would mark a major increase from the more than it spent on such projects last year.