Alphabet Upsizes Equity Offering to $85 Billion for AI Spending

Google parent Alphabet Inc. upsized its equity raise to $84.75 billion from the $80 billion it announced just two days earlier in a bid to help fund growing artificial intelligence...

By Carmen Reinicke, Lynn Doan · Bloomberg Markets

Google parent Alphabet Inc. upsized its equity raise to $84.75 billion from the $80 billion it announced just two days earlier in a bid to help fund growing artificial intelligence spending plans.