Alphabet Inc. – Class C Capital
Google parent announced plans to raise a massive $80 billion in equity capital to expand AI compute infrastructure. The package includes a $30 billion underwritten public offering, a $40 billion at-the-market program, and a $10 billion private placement to Warren Buffett’s Berkshire Hathaway. Despite Berkshire’s high-profile backing, the massive scale of the capital raise sparked near-term concerns regarding equity dilution.
