[Google Plans to Raise $80 Billion, Berkshire to Co-Invest $10 Billion] Odaily Planet Daily News: Google’s parent company Alphabet (GOOG.O) is raising $80 billion through an equity offering, which includes an investment agreement with Berkshire Hathaway aimed at funding its ambitious artificial intelligence spending plans. In its announcement, Alphabet disclosed that the fundraising initiative includes a $30 billion underwritten public offering and a $40 billion “at-the-market” (ATM) transaction. As part of this financing plan, Berkshire Hathaway will subscribe to $10 billion worth of shares through a private placement. Alphabet will issue $5 billion worth of Class A common stock to Berkshire at a price of $351.81 per share and another $5 billion worth of Class C common stock at a price of $348.20 per share. The company stated in its announcement: 'The demand for AI has exceeded the company’s current supply capacity. By scaling up investments, the company aims to expand its infrastructure, thereby providing strong support to seize significant growth opportunities in the future.'