Warren Buffett’s Berkshire Hathaway To Acquire $10,000,000,000 Worth of Alphabet Stock As Google Ramps Up AI Infrastructure Investment
Alphabet, the parent company of Google, announced Monday it is raising $80 billion in new equity capital to expand its artificial intelligence infrastructure, with Berkshire Hathaway Inc. participating in a $10 billion private placement. According to a new press release, Berkshire says it will purchase $5 billion in Alphabet Class A common stock at $351.81 […] The post Warren Buffett’s Berkshire Hathaway To Acquire $10,000,000,000 Worth of Alphabet Stock As Google Ramps Up AI Infrastructure Investment appeared first on The Daily Hodl.