Published on
02/06/2026 - 12:19 GMT+2
Alphabet, Google's parent company, has unveiled plans to secure up to $80 billion (€68.7bn) in fresh capital to support its growing AI ambitions, underlining the enormous financial commitments now required in the new technological race.
The company stated on Monday that the proceeds will help expand its AI infrastructure and global computing network, as demand from businesses and consumers increasingly exceeds existing capacity.
A key element of the capital raise is a $10 billion (€8.6bn) private placement from Berkshire Hathaway, the conglomerate associated with veteran investor Warren Buffett.
