Google's parent company, Alphabet, has increased the size of its financing from $800 billion to $847.5 billion.

BlockBeats News, June 3rd, Google's parent company Alphabet announced that the funds raised through a stock issuance plan have been increased from $800 billion to $847.5 billion. This financing is aimed at addressing the rapid expansion of artificial intelligence computing expenses. The entire financing plan consists of three parts: a $400 billion Market-On-Close (MOC) stock issuance plan set to launch in the third quarter, $300 billion of underwritten common stock and mandatory convertible preferred stock issuance, and a $10 billion direct private placement to Berkshire Hathaway, which is owned by Buffett. Goldman Sachs, JPMorgan, and Morgan Stanley will act as joint underwriters, making it one of the largest equity financing deals in global history.

Behind the large fundraising is the increasingly significant investment in chip development and infrastructure. CFO Anat Ashkenazi revealed that the company's capital expenditures in 2027 will be significantly higher than the $190 billion budget in 2026, which was already double the previous year. Bloomberg Industry analyst Mandeep Singh predicts that Alphabet's capital expenditures next year could rise to $300 billion, even exceeding operational cash flow. The funds will mainly be used to expand the production capacity of the in-house AI chip TPU (Tensor Processing Unit) and its supporting infrastructure, aiming to replace Nvidia's processors in the computing power-constrained market.