Alphabet Inc., the parent company of Google, announced plans to raise $80 billion through a fundraising initiative. This includes a deal to sell $10 billion worth of stock to Berkshire Hathaway. The funds are intended to support the company's artificial intelligence projects.
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Alphabet to Raise $80 Billion Through Stock Sales for AI Initiatives
Alphabet Inc. plans to raise $80 billion through stock sales, including a $10 billion sale to Berkshire Hathaway. The funds will be allocated to support the company's artificial intelligence initiatives.
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Google parent Alphabet to sell $80bn in stock to fund AI plans
Alphabet to Raise $80 Billion Through Stock Sales for AI Initiatives