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Alphabet raises $80 billion in equity round to fund AI infrastructure spending

By

David Crowther

1d ago· 4 min readenNews

Summary

Alphabet (Google's parent company) is raising $80 billion in an equity round — 10 times what Uber raised in its 2019 IPO. While Alphabet's stock dipped due to anticipated dilution, other AI-related stocks are surging in premarket trading. The move signals that major tech companies are willing to tap all available funding avenues to sustain massive capital expenditures for the AI boom, answering questions about how hyperscaler spending can continue to grow.

Key quotes

· 3 pulled
Alphabet, already flush with cash, is raising 10x that amount in an equity round announced yesterday evening.
Questions about how hyperscaler capex could get any higher to fund incremental spending in the AI boom just got answered: all funding avenues are on the table.
While Alphabet stock is down, as investors anticipate some dilution, many of those with starring roles in the AI trade are ripping in the premarket on Tuesday morning.
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And the next round is on Google.

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