Google parent company launches $80bn AI funding drive as Berkshire commits $10bn

Google’s parent company, Alphabet wants to raise up to $80 billion. They will do this through a series of stock offerings. This will help them expand their intelligence infrastructure. Many technology companies are trying to be leaders in AI.

The company said that they will have a $30 billion public stock offering. They will also have a $10 billion placement with Warren Buffett’s Berkshire Hathaway. Furthermore, there will be a $40 billion share sale program. This program is expected to start in the quarter of 2026.

Most of the money will be used to expand Alphabet’s AI computing capacity and data center infrastructure as there is increasing demand for AI services.

The move comes as Alphabet significantly increases spending on AI. The company has forecast capital expenditures of between $180 billion and $190 billion in 2026.

Alphabet’s announcement reflects a wider trend across the technology industry. Amazon, Microsoft, Alphabet and Meta are collectively expected to spend roughly $700 billion this year on AI-related infrastructure, including data centres, advanced chips and cloud computing resources.

Berkshire Hathaway’s $10 billion investment marks a major endorsement of Alphabet’s long-term AI strategy. Under the agreement, Berkshire will purchase $5 billion in Class A shares and $5 billion in Class C shares through a private placement.

Alphabet also reported strong financial results, posting a first-quarter profit of $62.6 billion on revenue of $110 billion, exceeding analyst expectations. The company’s shares have gained approximately 18 percent over the past six months.

The announcement comes amid a broader wave of AI-driven market activity, with AI company Anthropic also filing confidential paperwork for an initial public offering this week.