Alphabet Wants $80 Billion For AI—Jim Cramer Warns GOOGL Could Become A 'Real Slog'

Alphabet Inc. (NASDAQ: GOOGL ) (NASDAQ: GOOG ) is looking to raise $80 billion through massive equity offerings to fund its aggressive artificial intelligence (AI) infrastructure push, sparking sharp criticism from prominent Wall Street voices. The $80 Billion Funding Breakdown The Google parent company announced plans to secure the capital through a multi-tiered corporate financing strategy. This includes a high-profile $10 billion private placement to Warren Buffett 's Berkshire Hathaway Inc. (NYSE: BRK ) (NYSE: BRK ) , split evenly between Class A and Class C stock. Alphabet will also launch $30 billion in concurrent public offerings and a massive $40 billion at-the-market (ATM) offering program scheduled for the third quarter. The unprecedented capital raise follows Alphabet boosting its annual capital spending forecast to between $180 billion and $190 billion to meet soaring AI-driven demand. data-variant="card" data-news-mode="manual" > Read Also: Alphabet Stock Offers Exposure To SpaceX, Anthropic Before IPOs: What That Means For Investors Cramer Warns Of ... Full story available on Benzinga.com