Alphabet Turns to Equity Markets to Fuel Massive Gemini Infrastructure

Alphabet plans to raise $80 billion by selling stock to fund its massive AI infrastructure expansion, including $10 billion in shares purchased by Berkshire Hathaway. The company says demand for its AI services is exceeding available supply, and the new capital will support global compute growth and large‑scale data center investments. Alphabet expects to spend up to $190 billion in capex this year alone, as tech giants collectively approach $700 billion in AI‑related spending. The move signals an aggressive push to scale foundational AI infrastructure amid unprecedented industry demand.

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