[Google Plans to Raise $80 Billion, Berkshire to Co-Invest $10 Billion] BlockBeats News, June 2: According to Bloomberg, Google's parent company Alphabet plans to raise $80 billion through a comprehensive equity financing initiative to support its AI infrastructure and computing power expenditure plans. This financing includes a $40 billion ATM stock issuance program starting in the third quarter, a $30 billion offering of common stock and mandatory convertible preferred stock underwritten issuance, and a $10 billion investment agreement with Berkshire Hathaway, making it one of the largest equity transactions in history. Alphabet stated that AI is driving the company into an expansion phase, and it aims to build infrastructure through increased investment to support future growth opportunities. Alphabet CFO Anat Ashkenazi previously mentioned that the company's capital expenditures in 2027 will significantly exceed the 2026 budget cap of $190 billion. Bloomberg Intelligence analyst Mandeep Singh believes that with the support of the new financing, Alphabet's capital expenditures could reach $300 billion next year. This move by Alphabet may also divert funds originally intended for companies like SpaceX, Anthropic, and OpenAI, which are planning to go public this year. [Original Link]