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US tech giant says fundraising drive includes deal to sell $10 bn of stock to Berkshire Hathaway.

Alphabet, Google’s parent company, has announced plans to sell $80bn worth of shares to fund its rollout of artificial intelligence.

Alphabet said on Monday that the equity offerings would finance the rollout of AI infrastructure needed to meet “unprecedented customer demand”.

The US tech giant said the fundraising drive included a deal to sell $10bn of stock to Berkshire Hathaway, the conglomerate led for six decades by legendary investor Warren Buffett.

The remaining $70bn will come from $30bn in underwritten offerings – a type of share issuance where a financial institution buys stock to sell on to investors – and $40bn in staggered sales on the open market.

“The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply,” Alphabet said in a statement.

“By scaling its investments, the company seeks to expand its foundational infrastructure to support the significant growth opportunity ahead.”

Shares of Alphabet, which has a market capitalisation of more than $4.5 trillion, were down about 1 percent in after-hours trading following the announcement.

Like other Silicon Valley giants, Alphabet, whose AI business spans the Gemini family of assistants, data centres and cloud services, has committed eye-watering sums to AI-related infrastructure.

The company said in its most recent earnings call that it expected its capital expenditures to reach $180-190bn this year, and rise “significantly” in 2027.

US tech behemoths, such as Alphabet, Microsoft, Amazon and Meta, are expected to spend some $800bn on AI-related capital investment in 2026, according to an analysis by Goldman Sachs.

Troy Hooper, co-head of equity capital markets for the Americas at the financial intelligence provider Mergermarket, said Alphabet’s funding plans underscored the intensity of the race to lead the AI buildout.

“For hyperscalers, compute capacity is a direct driver of future revenue,” Hooper told Al Jazeera.

“By leaning into equity, Alphabet is bringing in permanent capital rather than burdening a balance sheet already absorbing record capex,” Hooper said, using the shorthand for capital expenditure.

Hooper said US tech giants have come to view underinvestment in AI as an “existential risk” and over-investment as “merely expensive”.

“The logic is simple: under-investing is an existential risk; over-investing is merely expensive. Microsoft, Amazon, and Meta are following the same calculus,” Hooper said.

“Ownership at scale lowers the marginal cost of training advanced models, building a moat smaller competitors will struggle to match. The message is clear: The winners of the AI era will be decided not just by algorithms, but by who owns the largest and most efficient compute platforms.”

Mandy Moore shared her take on the drama swirling around her celebrity mommy group, months after fellow child actor Ashley Tisdale shaded the bunch in scathing essay last winter.

The “This Is Us” star and mother of three, during a recent appearance on Andy Cohen’s Sirius XM show “Radio Andy,” said she found the former “Suite Life of Zack & Cody” star’s article “very upsetting” and that it shocked both herself and fellow mommy group member Hilary Duff. “We have both grown up in this business and had people dissect who we are and the choices we make and all of that,” Moore, 42, told the Bravo host, “but this was something altogether different and decidedly way more upsetting … because it just cuts to the core.”

In December, New York magazine published “High School Musical” star Tisdale French’s essay for its “It’s Been a Year” series. The actor’s piece, titled “Breaking Up With My Toxic Mom Group,” accused other group members of snubbing Tisdale French from various gatherings and group chats. “‘This is too high school for me and I don’t want to take part in it anymore,’” Tisdale French, who shares two children with composer Christopher French, recalled texting the group.

As Tisdale French’s essay sparked speculation online about the identity of the group members, Duff’s husband Matthew Koma appeared to confirm his wife’s membership in a since-expired Instagram story post throwing the shade right back at Tisdale French.

For Moore, married to musician Taylor Goldsmith, kindness is “the most important thing” in her life, as is creating a legacy of kindness, she told Cohen. She said that she finds “anyone even insinuating that might not be the case” to be “very upsetting.” Moore said she is a “huge proponent” of addressing conflict head-on via face-to-face communication.

“‘I wouldn’t have handled the situation this way,’” she recalled feeling about the essay. Moore did not mention Tisdale French by name.

Moore said she also felt the scandalous essay “perpetuates this silly trope that women can’t be supportive of one another” and that women, specifically mothers, are “inherently petty” and committed to “one-up each other.”

“I have not felt that one iota since becoming a parent,” Moore said, adding she has formed “meaningful relationships” with other parents. She further stressed the importance of parents finding their community wherever they can.

Duff, 38, addressed the mommy group drama with The Times in February, telling pop music critic Mikael Wood that “this is not new for me” and she felt the situation was “escalated by the talking heads on TikTok that need clickbait.” Amid the social media chatter, Duff said her family is her focus.

”Knowing that I get to open up the back doors and play soccer as a family and take a hot tub and go get our chicken eggs — that’s the purpose of life,” she said. “On the days when crazy s— happens, I go home and quiet the noise.”