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Google Stock Drops as $80 Billion AI Fundraising Plan Sparks Dilution Concerns

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BeInCrypto Editorial
(09:11 PM UTC)
1 min read
JM
Verified byJames Mitchell

Alphabet (GOOGL) has set an $80 billion equity capital raise to fund AI infrastructure expansion. Berkshire Hathaway has committed $10 billion to the offering as its anchor institutional investor.

Investors sent GOOGL shares lower on the news. The stock closed at $372.58 on Monday, down 1.02%. Shares slipped another 1.50% to $367 in after-hours trading as dilution worries offset the institutional…

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