Alphabet (GOOGL) Plans $80B Stock Sale to Fund AI Infrastructure Buildout

Alphabet Inc. (GOOGL) said Monday, June 1, 2026, it will sell $80 billion in stock to finance a massive expansion of its artificial intelligence infrastructure, as demand for its AI services outpaces current supply. The Google parent will use proceeds for general corporate purposes, including capital expenditures to scale AI computing capacity globally. The plan includes a $10 billion block sale to Berkshire Hathaway, the conglomerate formerly led by Warren Buffett. “The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply,” Alphabet said, adding the stock offering allows it to fund investments while maintaining a healthy balance sheet. At the Google I/O conference in May 2026, CEO Sundar Pichai projected total capital expenditures of $180 billion to $190 billion for the year. Alphabet and fellow tech giants are expected to pour up to $700 billion into AI capex in 2026 as the industry races to build out next-generation infrastructure.