Alphabet is seeking to raise US$80 billion through a series of equity offerings, including a US$10 billion investment from Berkshire Hathaway, as the Google parent accelerates spending on artificial intelligence (AI) infrastructure.
Reuters reported that the fundraising plan underscores Alphabet’s aggressive push to strengthen its AI and cloud computing capabilities, with the company recently raising its 2026 capital expenditure forecast to between US$180 billion and US$190 billion.
As part of the deal, Berkshire Hathaway will purchase US$10 billion worth of Alphabet shares through a private placement, split equally between Class A and Class C stock. The investment further deepens Warren Buffett’s firm’s exposure to the technology giant after it more than tripled its stake in Alphabet last year.
Beyond the Berkshire investment, Alphabet plans to raise an additional US$30 billion through public offerings, comprising mandatory convertible preferred securities and common stock.
The company also intends to launch a US$40 billion at-the-market share sale programme in the third quarter, allowing it to gradually tap investor demand.
The move comes as major technology companies race to build AI infrastructure, including data centres, specialised chips and cloud platforms, to meet soaring demand for generative AI applications.
Alphabet said it has already raised more than US$85 billion in debt over the past year, bringing its total debt balance above US$100 billion, highlighting the scale of investment required to compete in the rapidly evolving AI landscape.
Despite the ambitious capital raising plans, Alphabet shares fell about 2% in after-hours trading as investors weighed the potential dilution against the company’s long-term growth prospects in AI.
