Berkshire Hathaway agreed to buy $10 billion of Alphabet's stock through a private placement to help fund its AI build-out. Alphabet generated $174 billion in operating cash flow over the past 12 months but plans to spend $180 billion to $190 billion on capital in 2026. The company's AI services demand is outpacing its data centers' supply. Berkshire Hathaway's commitment is one of the bigger bets new CEO Greg Abel has made since taking the reins.
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Alphabet raises $85B for Google's AI business
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