Alphabet

• Alphabet has priced a nearly $85 billion equity raise specifically to fund the expansion of its AI infrastructure. • The deal is anchored by a significant $10 billion investment from Berkshire Hathaway. • This massive capital injection highlights that the AI race has evolved from a purely technological competition into a test of capital market strength.

• Alphabet announced a plan this week to raise $80 billion to finance the scaling of its AI capacity. • The move highlights a shift where funding, rather than just technology, has become the primary bottleneck for AI development. • Equity is being prioritized over debt because AI assets face rapid obsolescence and unpredictable utilization, making fixed repayment structures too risky.

• Alphabet has increased its equity fundraising target to $84.75 billion, up from an initial plan of $80 billion announced earlier this week. • The capital will be used to expand data centers and computing capacity to support the development of advanced artificial intelligence systems. • This move reflects strong investor demand and highlights the intensifying race among major tech companies to build massive AI infrastructure.

One of largest equity fundraisings ever includes $10bn share sale to US investment group Berkshire HathawayBusiness live – latest updatesGoogle’s parent company Alphabet has said it plans to raise up to $80bn (£59bn) in equity to fund its vast artificial intelligence infrastructure investments, raising further questions over the economics of the AI boom.The move, one of the largest equity fundraisings ever globally, includes a $10bn share sale to the US investment group Berkshire Hathaway, which was led until last year by the retired investment guru Warren Buffett for 60 years. Continue reading...

• AI agent startup Sierra Technologies announced a $950 million funding round at a $15 billion valuation, just eight months after closing a $350 million Series A round. • Alphabet Inc.'s GV venture capital arm and Tiger Global led the investment round, joined by Benchmark, Sequoia, Greenoaks, and several other investors. • The rapid $15 billion valuation reflects investor confidence in Sierra's AI agent capabilities for enterprise applications.