Google's parent company, Alphabet, announced an $80 billion funding round to fund AI spending.

Alphabet, Google's parent company, announced an $80 billion equity financing round to fund AI infrastructure and computing power. Of this, $30 billion will be publicly offered, $40 billion will be offered based on market capitalization, and Berkshire Hathaway will invest $10 billion privately. The company previously projected capital expenditures of $180-190 billion in 2026, with further increases expected in 2027; its cloud business revenue is projected to grow 63% year-over-year in Q1 2026, with a backlog of over $460 billion in orders.