Alphabet, Google's Parent Company, Raises $80 Billion to Drive AI Infrastructure Development
Alphabet, Google's parent company, announced on June 1 an $80 billion (approximately 54.1 billion yuan) financing plan to invest in AI infrastructure and enhance computing power. The plan includes $30 billion from a public stock offering (half depositary receipts, half Class A or C shares), $40 billion in market-value issued Class A or C shares, and private financing involving Berkshire Hathaway.....
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