Alphabet ($GOOGL) said it will raise $80 billion through a stock sale, including a $10 billion investment from Berkshire Hathaway, as the company accelerates spending on artificial intelligence infrastructure. Berkshire agreed to purchase $5 billion of Alphabet's Class A shares and $5 billion of Class C shares, expanding a position it first disclosed in 2025 and making Alphabet one of the conglomerate's largest holdings.
- Berkshire Hathaway will purchase $10 billion of Alphabet stock through a private transaction.
- Alphabet said the capital will help fund AI compute infrastructure as demand for its AI products exceeds available capacity.
- The company recently increased its 2026 capital expenditure outlook to between $180 billion and $190 billion.
- Berkshire first disclosed an Alphabet stake in the third quarter of 2025 and has increased the position in each subsequent quarter.
- The transaction provides an early indication of CEO Greg Abel's investment approach as Berkshire deploys its large cash reserves.
Relevant Companies
- Alphabet ($GOOGL) — The capital raise will support expanded AI infrastructure and data center investment.
- Berkshire Hathaway ($BRK.B) — The transaction significantly increases Berkshire's exposure to Alphabet and AI-related growth.
- NVIDIA ($NVDA) — Major AI infrastructure spending by Alphabet could support demand for AI chips and related hardware.
Editor’s Note: This is a developing story. This article may be updated as more details become available.