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genai/news//Devdiscourse
The tech giant has secured a strategic investment of $10 billion from Berkshire Hathaway Inc. The investment comprises $5 billion each in Class A and Class C stocks, priced at $351.81 and $348.20 per share.
Alphabet is raising $80 billion to expand AI infrastructure and compute capabilities.
KEY POINTS
Berkshire Hathaway invested $10 billion in Alphabet via private placement for this initiative.
Alphabet will use $30 billion of the raised capital to pay 2026 tax obligations.
The capital will also fund changes to how Alphabet meets tax requirements for employee equity awards.
Berkshire's investment includes $5 billion each in Class A and Class C shares at specific prices.
Alphabet Inc. has announced an ambitious $80 billion equity capital raise to accelerate the expansion of its AI infrastructure and compute capabilities. The tech giant has secured a strategic investment of $10 billion from Berkshire Hathaway Inc. through a private placement.
This move strengthens Berkshire Hathaway's position in Alphabet, following a series of investments since the third quarter of 2025. Alphabet plans to allocate around $30 billion of the capital raised through the ATM program to settle its tax obligations for the 2026 calendar year.
Additionally, proceeds will be utilized to implement administrative changes in meeting tax requirements related to employee equity awards. The investment comprises $5 billion each in Class A and Class C stocks, priced at $351.81 and $348.20 per share, respectively.
(With inputs from agencies.)