Google is investing $80 billion in AI

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Published on Wednesday, 03 June 2026 04:55

Google's parent company Alphabet has just announced that it plans to raise $80 billion and invest that money in scaling its AI infrastructure. Alphabet will basically sell its own stock to get the cash, with a $30 billion public offering, a $40 billion program allowing the company to sell stock over time, and a $10 billion private placement investment from Warren Buffet's Berkshire Hathaway. Alphabet revenue grew 22% year-on-year to $110 billion in the first quarter of this year, while Google reached 350 million paid subscriptions in that quarter across its services. Alphabet...

PROČITAJ VIŠE... https://www.gsmarena.com/google_is_investing_80_billion_in_ai-news-73099.php

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