Source: International Business Times
Kirill Kudryavtsev/AFP via Getty Images Google parent Alphabet is asking investors for an extraordinary $80 billion to help finance one of the most ambitious artificial intelligence expansion plans ever undertaken by a technology company. The fundraising effort comes as Alphabet races to build the computing infrastructure needed to meet soaring demand for AI products across its Google Cloud business, enterprise services, and consumer applications. The company said the capital raise will include a $10 billion investment from Berkshire Hathaway.
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