Google stock
Alphabet Inc. announced an $80 billion equity capital raise on June 1, 2026, the largest in U.S. corporate history, to fund its accelerating artificial intelligence infrastructure and compute requirements. The financing package comprises a $30 billion underwritten public offering of common and mandatory convertible preferred stock, a $40 billion at--the--market program, and a $10 billion private placement to Berkshire Hathaway. Concurrently, the company increased its 2026 capital expenditure guidance to between $180 billion and $190 billion, citing demand for AI services that currently exceeds available supply.