Alphabet, the parent company of Google, just announced what amounts to one of the largest equity raises in corporate history. The company is looking to pull in roughly $84.75 to $85 billion, up from an initial target of $80 billion, to bankroll what it calls “world-class AI compute infrastructure.”
The structure and the big names involved
The raise, announced on June 1, 2026, is split into two main components. There’s a $30 billion underwritten public offering, plus a $40 billion at-the-market program covering Class A and C shares set to begin in Q3 2026.
Then there’s the cherry on top: a $10 billion private placement from Berkshire Hathaway.
The offering was described as oversubscribed, which is what pushed the target from the original $80 billion up to its current range. Alphabet’s stock did dip slightly during extended trading hours after the announcement.
