The Guardian Australia – Business ·business ·2 hours ago

Alphabet to raise $80bn from share sales to fund AI spending splurge

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The economics of the AI boom are back in focus today, after Google’s parent company Alphabet said it plans to raise up to $80bn in equity to fund its vast AI infrastructure investments.

Summary by Glance · The Guardian Australia – Business

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