Alphabet is raising $80 billion to expand its AI infrastructure, with Warren Buffett's Berkshire Hathaway contributing $10 billion through a private placement, alongside public share offerings backed by Goldman Sachs, J.P. Morgan, and Morgan Stanley. The company, which reported 22% revenue growth and a 63% surge in Google Cloud revenue in Q1 2026, plans capital spending of $180–190 billion in 2026 to meet what it describes as "unprecedented customer demand." Critics note, however, that much of the AI cloud boom is being driven by OpenAI and Anthropic, both of which remain unprofitable.
