Google Mulls $820B AI Share Sale, Embeds Gemini in Siri and Signs $30B SpaceX GPU Deal
GOOG•Google is considering selling shares to fund $820 billion in AI and will integrate its Gemini into a new Siri app for queries and tasks. Separately, Google signed a $30 billion SpaceX compute contract, paying $920 million monthly for 110,000 NVIDIA GPUs from October 2026 through June 2029.
1. Potential Share Sale to Fund AI Boom
Google is exploring a significant share sale that could raise up to $820 billion, aiming to finance aggressive AI research, model development and infrastructure expansion. The scale of this capital raise would position it among the largest funding efforts in technology history.
2. Gemini-Powered Siri Integration
Under a collaboration with Apple, Google plans to embed its Gemini AI models into a standalone Siri app, enabling both voice and text interfaces. The upgrade will support complex multi-step commands and autonomous task execution, marking a major enhancement to virtual assistant capabilities.
3. $30B Compute Agreement with SpaceX
Google committed to a multi-year contract with SpaceX, paying $920 million per month from October 2026 through June 2029 for access to approximately 110,000 NVIDIA GPUs and related infrastructure. The agreement secures long-term AI compute capacity with built-in delivery milestones and termination provisions.
