Google parent company Alphabet has outlined plans to raise $80bn through equity offerings, with Berkshire Hathaway agreeing to invest $10bn as part of the funding initiative.
The move is intended to support the expansion of Alphabet’s AI infrastructure and meet heightened demand for AI and cloud services
The fundraising includes both public and private offerings. Alphabet is set to raise $30bn via concurrent public equity offerings, breaking down into $15bn of depositary shares representing mandatory convertible preferred stock, and $15bn in Class A Common Stock and Class C Capital Stock. In addition, Alphabet expects to conduct a $40bn at-the-market (ATM) offering for Class A and Class C common stock, with sales under this programme anticipated to begin in the third quarter of 2026.
Alongside these offerings, Alphabet has agreed to a private placement with Berkshire Hathaway, selling $10bn of stock comprising $5bn in Class A Common Stock at $351.81 per share and $5bn in Class C Capital Stock at $348.20 per share. Berkshire has been building its stake in Alphabet since the third quarter of 2025. Proceeds from the public and private offerings will be used for general corporate purposes, including scaling capital expenditures for AI infrastructure and expanding global computing capacity.