{"id":261623,"date":"2026-06-02T00:18:00","date_gmt":"2026-06-02T04:18:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/06\/02\/google-parent-alphabet-to-sell-80bn-in-stock-to-fund-ai-plans-technology-news\/"},"modified":"2026-06-02T01:30:14","modified_gmt":"2026-06-02T05:30:14","slug":"google-parent-alphabet-to-sell-80bn-in-stock-to-fund-ai-plans-technology-news","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/06\/02\/google-parent-alphabet-to-sell-80bn-in-stock-to-fund-ai-plans-technology-news\/","title":{"rendered":"Google parent Alphabet to sell $80bn in stock to fund AI plans | Technology News"},"content":{"rendered":"<p><a href=\"https:\/\/www.aljazeera.com\/economy\/2026\/6\/2\/google-parent-alphabet-to-sell-80bn-in-stock-to-fund-ai-plans\">Google parent Alphabet to sell $80bn in stock to fund AI plans | Technology News<\/a><\/p>\n<p><a href=\"https:\/\/www.aljazeera.com\/economy\/2026\/6\/2\/google-parent-alphabet-to-sell-80bn-in-stock-to-fund-ai-plans\">https:\/\/www.aljazeera.com\/economy\/2026\/6\/2\/google-parent-alphabet-to-sell-80bn-in-stock-to-fund-ai-plans<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-02 00:18:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.aljazeera.com\">www.aljazeera.com<\/a><\/p>\n<p class=\"article__subhead\">US tech giant says fundraising drive includes deal to sell $10 bn of stock\u00a0to Berkshire Hathaway.<\/p>\n<p><span class=\"screen-reader-text\">Published On 2 Jun 2026<\/span><span aria-hidden=\"true\">2 Jun 2026<\/span><\/p>\n<p>Alphabet, Google\u2019s parent company, has announced plans to sell $80bn worth of shares to fund its rollout of artificial intelligence.<\/p>\n<p>Alphabet said on Monday that the equity offerings would finance the rollout of AI infrastructure needed to meet \u201cunprecedented customer demand\u201d.<\/p>\n<h2 class=\"more-on__heading\">Recommended Stories <\/h2>\n<p><span class=\"screen-reader-text\">list of 4 items<\/span><span class=\"screen-reader-text\">end of list<\/span><\/p>\n<p>The US tech giant said the fundraising drive included a deal to sell $10bn of stock to Berkshire Hathaway, the conglomerate led for six decades by legendary investor Warren Buffett.<\/p>\n<p>The remaining $70bn will come from $30bn in underwritten offerings \u2013 a type of share issuance where a financial institution buys stock to sell on to investors \u2013 and $40bn in staggered sales on the open market.<\/p>\n<p>\u201cThe company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company\u2019s available supply,\u201d Alphabet said in a statement.<\/p>\n<p>\u201cBy scaling its investments, the company\u00a0seeks\u00a0to expand its foundational infrastructure to support the significant growth opportunity ahead.\u201d<\/p>\n<p>Shares of Alphabet, which has a market capitalisation of more than $4.5 trillion, were down about 1 percent in after-hours trading following the announcement.<\/p>\n<p>Like other Silicon Valley giants, Alphabet, whose AI business spans the Gemini family of assistants, data centres and cloud services, has committed eye-watering sums to AI-related infrastructure.<\/p>\n<p>The company said in its most recent earnings call that it expected its capital expenditures to reach $180-190bn this year, and rise \u201csignificantly\u201d in 2027.<\/p>\n<p>US tech behemoths, such as Alphabet, Microsoft, Amazon and Meta, are expected to spend some $800bn on AI-related capital investment in 2026, according to an analysis by Goldman Sachs.<\/p>\n<p>Troy Hooper, co-head of equity capital markets for the Americas at the financial intelligence&#8230;<\/p>\n<p><a href=\"https:\/\/www.aljazeera.com\/economy\/2026\/6\/2\/google-parent-alphabet-to-sell-80bn-in-stock-to-fund-ai-plans\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Google parent Alphabet to sell $80bn in stock to fund AI plans | Technology News&#8230;<\/p>\n","protected":false},"author":1,"featured_media":261626,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.aljazeera.com\/wp-content\/uploads\/2026\/06\/AP24136682076605-1780366346_f9b67f-1780367197.jpg?resize=1200%2C630&quality=80","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-261623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/261623"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=261623"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/261623\/revisions"}],"predecessor-version":[{"id":261627,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/261623\/revisions\/261627"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/261626"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=261623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=261623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=261623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}