11:56 - 2.06.2026

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June 2, Fineko/abc.az. American corporation Alphabet, which owns Google, is planning to raise $80 bn through a stock offering, ABC.AZ informs, referring to Bloomberg.

The funds will be used to finance a large-scale expansion of the artificial intelligence infrastructure.

According to Alphabet's plans, $30 bn will be raised through a public offering of shares with participation of banks Goldman Sachs, JPMorgan Chase and Morgan Stanley. Alphabet will receive extra $10 bn from Berkshire Hathaway as part of a private deal. Later in Q3, Alphabet will launch a program to sell shares on the open market of up to $40 bn.