Alphabet unveils plan to sell $80B in shares to fund ongoing AI infrastructure buildout (opens in new tab)

Google LLC parent company Alphabet Inc. is seeking to raise a massive $80 billion in equity capital through a stock sale in an effort to bankroll the ballooning costs of its artificial intelligence infrastructure buildout. In a key endorsement of the plan, Warren Buffet’s Berkshire Hathaway Inc. has already agreed to stump up $10 billion […] The post appeared first on <a rel="nofollow" href="