Alphabet to raise $80bn dollars by share issue to expand AI capabilities

To finance a substantial expansion of its AI capabilities, Alphabet is preparing to sell $80 billion (€68 billion) worth of shares. The financial strategy includes a combination of long-term sale programmes, public offerings and a capital injection of $10 billion (€8.6 billion) from Berkshire Hathaway. According to the company, the need for this capital stems [&hellip The post Alphabet to raise $80bn dollars by share issue to expand AI capabilities appeared first on TechCentral.ie.