New Delhi, June 2 -- Alphabet announced a proposed USD 80 billion equity capital raise to expand AI infrastructure and compute, with Berkshire Hathaway investing USD 10 billion in a private placement.

According to an Alphabet press release, the tech giant plans to launch massive equity offerings to finance its world-class artificial intelligence compute infrastructure, driven by unprecedented customer demand.

The extensive capital initiative splits across multiple financial instruments. Alphabet will launch concurrent underwritten public offerings worth USD 30 billion, divided evenly between USD 15 billion in depositary shares representing mandatory convertible preferred stock and USD 15 billion in Class A and Class C stock. Furthermore...