Google secures historic funding round with Berkshire

Alphabet, the parent company of Google, plans to raise approximately $80 billion through a share issuance, including an investment deal with Berkshire Hathaway, to support its significant investments in artificial intelligence and infrastructure. The process will involve selling $40 billion worth of shares via a public offering and issuing $30 billion through underwritten offerings, along with a $10 billion deal with Berkshire Hathaway. This move is part of the company's efforts to strengthen its technological capabilities and benefit from the growing demand for its internally developed chips to support AI models.

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