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The Economic Times
The Economic Times

Alphabet plans to raise $80 billion for AI goals, Berkshire to invest $10 billion

Alphabet is looking ​to raise $80 billion in equity offerings, ​including an investment from Berkshire Hathaway, the Google parent said on ​Monday, in its aggressive push to fund a costly expansion of its AI infrastructure.

The deal brings in Warren Buffett's diversified holding company as a major new investor, adding a high-profile endorsement of Alphabet's long-term AI and cloud ‌strategy.

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