Alphabet Raising $80BN In Equity To Fund Capex, Including $40BN ATM Offering And $10BN Deeply Discounted Deal With Berkshire

Alphabet has unveiled a plan to raise $80 billion in equity to support its capital expenditures, including a $40 billion at-the-market offering and a $10 billion deeply discounted deal with Berkshire Hathaway. This move underscores the company's commitment to funding its expansive AI initiatives despite challenging financial conditions, as many tech giants struggle with flat or negative free cash flows. The deal with Berkshire also signals a strategic partnership, highlighting Alphabet's need for robust capital to sustain its growth in the AI supercycle.