Google Increases Equity Raise to $85 Billion

The company increased the size of its equity offering to $85 billion. The move will fund continued spending on artificial intelligence projects. This is the company's first stock offering in more than two decades. Demand for the shares remained strong even as investors reviewed the scale of planned capital expenditures.

Background on the Offering The equity raise comes as technology companies allocate larger budgets to data centers and model training. The company has not conducted a comparable public share sale since the early 2000s. Proceeds are expected to support infrastructure expansion and research initiatives already underway.

No changes to existing share classes or voting rights were announced. Market participants noted that the size of the raise exceeds typical technology-sector follow-on offerings. The transaction remains subject to standard regulatory filings and closing conditions.