Alphabet to Sell $80 Billion in Stock, Including $10B to Berkshire Hathaway, to Fund AI Infrastructure Push
Alphabet announced a stock sale of $80 billion, including a $10 billion placement to Berkshire Hathaway. Proceeds will fund capital expenditures to scale AI infrastructure.
France 24Alphabet announced on June 1, 2026, that it will sell $80 billion in stock. The announcement was posted at 3:55 PM PDT. Part of the offering includes a $10 billion sale of stock to Berkshire Hathaway.
The company said the proceeds will support capital expenditures and other general corporate purposes. It stated that demand for its AI solutions and services from enterprises and consumers exceeds available supply. By scaling its investments, Alphabet seeks to expand its foundational infrastructure to support the significant growth opportunity ahead.
The stock sale will fund investments while maintaining a healthy balance sheet, the company said. At Google I/O last month, CEO Sundar Pichai said the company expects to spend between $180 billion and $190 billion on capital expenditures before year-end. Industry-wide spending on AI infrastructure is projected to reach as much as $700 billion in 2026, according to one report.
Alphabet is the parent company of Google. Berkshire Hathaway is the massive global holding company formerly led by Warren Buffett.
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