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The public markets have been asked whether they believe in AI, and they have answered with $85 billion. Alphabet’s record-shattering equity offering, which priced on 2 June, is not just the largest stock sale in tech history. It is the largest equity offering of any kind, in any industry, ever. The
Not even Alphabet has enough cash to meet its AI goals.
One of largest equity fundraisings ever includes $10bn share sale to US investment group Berkshire Hathaway Business live – latest updates Google’s parent company, Alphabet, has said it plans to raise up to $80bn (£59bn) in equity to fund its vast artificial intelligence infrastructure investments,
Rolling coverage of the latest economic and financial news Anthropic confidentially files for initial public offering on US stock market Shares in Alphabet have dipped in pre-market trading, as investors digest its planned $80bn stock sale. They’re down 1.8% at $369.63. Youth unemployment remains an
