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60 Google Increases Equity Raise to $84.75 Billion

The Information
Erin Woo @ The Information 3 place · today 11:57 EDT

Google’s parent company Alphabet said on Wednesday that it was increasing the size of its equity raise to $84.75 billion from $80 billion. The bulk of the money—Google’s first time selling new stock since 2005—is earmarked for spending on AI infrastructure and compute, highlighting the cost of ...

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