Berkshire Hathaway Commits $10B to Alphabet’s $80B AI Fundraising Plan
BRKA•Berkshire Hathaway will invest $10B in Alphabet private placement, purchasing $5B of Class A shares at $351.81 and $5B of Class C shares at $348.20. Alphabet’s $80B capital raise, including $30B in underwritten offerings and a $40B ATM program, will fund AI infrastructure expansion.
1. Alphabet’s $80B Capital Raise
Alphabet has launched an $80 billion equity offering to fund its AI compute infrastructure. The plan comprises $30 billion of underwritten offerings—split equally between mandatory convertible preferred depositary shares and Class A and C common stock—and a $40 billion at-the-market program set to begin in Q3 2026.
2. Berkshire Hathaway’s $10B Private Placement
Berkshire Hathaway will invest $10 billion through a private placement of Alphabet shares, acquiring $5 billion of Class A shares at $351.81 and $5 billion of Class C shares at $348.20. This transaction supplements Berkshire’s existing position, which began building in Q3 2025.
3. Use of Proceeds and Infrastructure Expansion
Proceeds from the combined offerings will be allocated to general corporate purposes, with a focus on scaling AI compute capacity and expanding global infrastructure. Investment banks Goldman Sachs, JPMorgan Chase and Morgan Stanley are serving as joint book-runners for the underwritten offerings, with Goldman Sachs also acting as placement agent for the private deal.
