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Alphabet plans to raise $80 billion from stock sales to fund AI build-out
Alphabet said Monday it plans to sell $80 billion in stock, including through a $10 billion investment by Berkshire Hathaway .
Summary
Alphabet said Monday it plans to sell $80 billion in stock, including through a $10 billion investment by Berkshire Hathaway . The Google parent company said in a statement that the capital will "fund investments in its world-class AI compute infrastructure to meet its unprecedented customer demand."
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