On June 1st, Google's parent company Alphabet announced a major financing plan totaling $80 billion (54.1 billion yuan). The main purpose of this funding is to invest in artificial intelligence infrastructure and improve computing power.
Alphabet's financing plan includes several parts: first, raising $3 billion through a public offering of shares, with half in depositary receipts and the other half in A or C class shares. Second, it plans to issue $4 billion in A or C class shares through an at-the-market (ATM) offering. In addition, the famous investment company Berkshire Hathaway will directly invest $1 billion in Alphabet through a private placement.
The company stated that the net proceeds from the plan will primarily be used to handle tax obligations and administrative process adjustments related to employee equity. This large-scale financing aligns with Alphabet's previous statements, as the company expects capital expenditures to reach between $180 billion and $190 billion by 2026, and further increase over the next seven years.
In terms of cloud services, Google Cloud saw a 63% year-over-year increase in revenue during the first quarter of 2026, with backlog orders almost doubling to $46 billion, showing strong growth momentum for this business. Alphabet's financing plan aims to strengthen its competitiveness in the AI field and lay a solid foundation for future development.
Key Points:
🌟 Alphabet announced a fundraising of $8 billion for AI infrastructure and computing power.
💰 The plan includes issuing $3 billion in shares and an ATM offering of $ billion in shares.
📈 Cloud revenue increased by % in the first quarter, with a significant increase in order volume.
