Warren Buffett’s Berkshire Hathaway To Acquire $10,000,000,000 Worth of Alphabet Stock As Google Ramps Up AI Infrastructure Investment

Alphabet, the parent company of Google, announced Monday it is raising $80 billion in new equity capital to expand its artificial intelligence infrastructure, with Berkshire Hathaway Inc. participating in a $10 billion private placement.

According to a new press release, Berkshire says it will purchase $5 billion in Alphabet Class A common stock at $351.81 per share and $5 billion in Class C capital stock at $348.20 per share, with Goldman Sachs acting as
placement agent.

“Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced equity offerings totaling $80 billion, in expected aggregate amount, as part of its plan to fund investments in its world-class AI compute infrastructure to meet its
unprecedented customer demand.”

The broader raise consists of $30 billion in concurrent public offerings — including $15 billion in mandatory convertible preferred stock and $15 billion in common and capital stock — plus a $40 billion at-the-market program set to launch