![\"Sundar](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/06\/dc95a1ce2324eafdc2d5275948d909ba.jpeg\")
Sundar Pichai, chief executive officer of Alphabet Inc., during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York, US, on Friday, Sept. 20, 2024. Pichai said it will take many years to resolve Google’s antitrust battles, downplaying the idea that they pose an immediate threat to the company’s business. Photographer: Jeenah Moon\/Bloomberg via Getty Images | Image Credits:Jeenah Moon\/Bloomberg \/ Getty Images <\/p>\n
Google parent company Alphabet said Monday that it plans to raise $80 billion to help pay for the massive AI infrastructure buildout it has planned. Alphabet will sell off that amount in stock and will then use the funds to pay for \u201cgeneral corporate purposes, including capital expenditures to scale AI infrastructure and global compute,\u201d the company said in a statement<\/a>.<\/p>\n Part of the plan involves selling $10 billion in stock to Berkshire Hathaway, the massive global holding company formerly led by Warren Buffett.<\/p>\n \u201cThe company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company\u2019s available supply,\u201d Alphabet said in its statement. \u201cBy scaling its investments, the company seeks to expand its foundational infrastructure to support the significant growth opportunity ahead.\u201d<\/p>\n The company added that the stock plan represented a way to \u201cfund its investments in a balanced way while retaining a healthy balance sheet.\u201d<\/p>\n Like other tech giants, Google has announced plans for a massive investment in compute this year, the likes of which will be used to support a flurry of new AI services<\/a>. At Google I\/O last month, CEO Sundar Pichai said that<\/a> the company expects to spend between $180 billion and $190 billion on capex before the year is out. Google and other tech giants are expected to spend<\/a> as much as $700 billion this year on AI capex.<\/p>\n","protected":false},"excerpt":{"rendered":"Sundar Pichai, chief executive officer of Alphabet Inc., during an interview for an episode of “The David Rubenstein…\n","protected":false},"author":2,"featured_media":456213,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,5888,363,364,7343,367,111,139,69,5172,145],"class_list":["post-456212","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-alphabet-inc","tag-artificial-intelligence","tag-artificialintelligence","tag-berkshire-hathaway","tag-google","tag-new-zealand","tag-newzealand","tag-nz","tag-sundar-pichai","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/456212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=456212"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/456212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/456213"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=456212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=456212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=456212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}