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Alphabet’s record-breaking $85B raise for Google’s AI business is a helluva good signal★ 76
TechCrunch AI11 days agoBusiness
Alphabet’s first $40B stock sale was so oversubscribed that it raised $45B, with Berkshire Hathaway buying $10B. The company plans another $40B sale next quarter, bringing the total to $85B for AI-related investment. TechCrunch frames the deal as a positive signal for AI IPO candidates like Anthropic and OpenAI, while noting that long-term market appetite remains the key risk.