Alphabet raises $80 billion to expand AI infrastructure

Alphabet plans to raise about $90 billion through stock and preferred offerings to fund AI infrastructure and cloud expansion.

The package includes a $10 billion private placement from Berkshire Hathaway, alongside an at-the-market share sale and other public offerings.

Proceeds will go toward data centers, compute capacity, and related corporate needs as demand for Alphabet’s AI and cloud services outstrips supply.

The move signals Alphabet is stepping up capital spending to keep pace with rapid AI adoption and customer demand.