Google just made an $80 billion AI bet—and Wall Street isn’t loving it

Alphabet is looking for greater cash flow to spend on AI advancements.  Google’s parent company has announced plans to sell $80 billion worth of its stock (Nasdaq: GOOG), with net proceeds earmarked for “general corporate purposes, including capital expenditures to scale AI infrastructure and global compute.” The company produces generative AI chatbot Gemini alongside a series of offerings through Google DeepMind.  Alphabet’s expected $80 billion influx will come from three so...