San francisco: US tech company Alphabet announced plans Monday to raise $80 billion through stock offerings to finance its investments in artificial intelligence (AI) infrastructure. The company revealed that the funds will be used to bolster its AI compute infrastructure to meet increasing customer demand.

According to Anadolu Agency, $30 billion is expected to be raised through public stock offerings, while $40 billion is planned to be generated through stock sales conducted over time beginning in the third quarter of 2026. The statement detailed that the remaining $10 billion will be raised through a private placement, with an agreement reached to sell shares to Berkshire Hathaway as part of this process.

Alphabet highlighted that the majority of the funds raised will be directed towards expanding its AI infrastructure and global computing capacity. This move underscores the company's commitment to enhancing its technological capabilities to cater to the growing demands in the AI sector.