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One of the world's biggest companies is racing to keep up in the AI competition.

Alphabet stock price remained in focus after Google parent Alphabet announced plans to raise up to $80 billion to expand artificial intelligence infrastructure. The company said…

By Tomi Kilgore and Emily Bary

The Google parent company plans to raise the funds by selling stock.

Alphabet unveils plan to sell $80B in shares to fund ongoing AI infrastructure buildout - SiliconANGLE

Alphabet will raise up to US$80 billion through share sales to fund AI expansion.

SAN FRANCISCO, June 2 — Google parent Alphabet announced yesterday it plans to raise up to US$80 billion in stock to fund a major expansion of its artificial intelligence (AI)...

Alphabet plans to raise $80 billion, including Berkshire Hathaway's investment, to fund AI infrastructure, cloud growth and data centre expansion.

US tech giant says fundraising drive includes deal to sell $10bn of stock to Berkshire Hathaway.

Alphabet is looking to raise $80 billion in equity offerings, including an investment from Berkshire Hathaway, the Google parent said

Alphabet plans to raise $80bn in equity for AI infrastructure, including a $10bn private placement to Berkshire Hathaway and a $40bn at-the-market programme.

Company is funding ambitious artificial intelligence spending

Alphabet announced plans to raise $80 billion through stock sales, including a $10 billion investment from Berkshire Hathaway, to expand its AI infrastructure.

Google parent Alphabet said Monday it planned to raise to $80 billion from stock sales to support funding a major expansion of its artificial intelligence...

One of largest equity fundraisings ever includes $10bn share sale to US investment group Berkshire Hathaway

Rolling coverage of the latest economic and financial news

Google parent to sell tens of billions in shares over time, including $10bn stake to Berkshire Hathaway, as it sees 'growth opportunity ahead'

Google's parent company Alphabet is raising $80 billion (€68.7bn) through a series of share offerings, marking one of the largest equity fundraising efforts in corporate history…

Search engine’s move is a good example of how artificial intelligence has made big numbers all but meaningless

Google parent Alphabet will raise up to $80bn from investors to fund its AI expansion - one of the largest equity fundraisings in history