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Alphabet Plans $80 Billion Stock Sale To Fund AI Expansion

Capital Raise To Sustain Unprecedented AI Demand

Alphabet has announced an ambitious plan to sell $80 billion in stock, a move that includes a $10 billion investment from Berkshire Hathaway. This capital raise is designed to finance continued investments in its AI compute infrastructure, addressing surging customer demand and positioning the tech giant for future growth.

Strategic Investment In Next-Generation Technology

In a statement, Alphabet outlined that the infusion of capital will secure the critical infrastructure required to meet the overwhelming demand for its AI solutions and services. This initiative underscores the company’s commitment to scaling its foundational systems, ensuring that its advanced technology remains at the forefront of the digital revolution.

Escalated Spending In A Competitive Landscape

Google continues to increase spending on artificial intelligence, raising its projected 2026 capital expenditure to between $180 billion and $190 billion. CEO Sundar Pichai has frequently cited challenges such as compute capacity and supply chain constraints, issues that have become pivotal as the tech industry races to expand its AI capabilities across hyperscalers.

Robust Financial Market Activity And Joint Endeavors

In addition to the Berkshire Hathaway investment, Alphabet will execute $30 billion in underwritten offerings, coupled with a $40 billion at-the-market program for its Class A and Class C shares, set to begin in the third quarter. Leading financial institutions like Goldman Sachs, JPMorgan Chase, and Morgan Stanley are playing key roles in orchestrating these transactions, reflecting broad market confidence in Alphabet’s strategic vision.

Market Response And Future Outlook

Over the past year, Alphabet’s stock has more than doubled, outpacing its megacap peers as investors reward its bold AI investments and the significant enhancements seen through its Gemini upgrades. Despite a slight dip in extended trading on Monday, market sentiments remain robust, bolstered by expectations that overall capex in the AI sector could exceed $1 trillion in 2027.


Google Warns Of Vishing Campaign Targeting Financial Firms

Cybercriminals are increasingly relying on a simple tactic to breach major financial institutions: convincing employees to hand over their own login credentials.

In a new report, Google said several hacking groups have been targeting large financial and investment firms in the United States through voice phishing, or “vishing”, before stealing sensitive corporate data and using it to extort victims.

Employees Are The Primary Target

According to Google’s researchers, attackers contact employees on their personal mobile phones while posing as colleagues or IT support staff. Victims are then directed to fake websites, where they are tricked into entering login credentials and multi-factor authentication codes.

Google tracks the groups under the names Falcon, Helix, Pink and Redact, although researchers believe they may be linked to a broader threat cluster known as UNC6671.

Some of the groups operate leak websites, where they threaten to publish stolen data unless companies agree to pay a ransom.

Financial Sector In The Spotlight

While previous attacks targeted industries including manufacturing, healthcare, insurance, technology and hospitality, Google said the hackers have increasingly shifted their focus to financial institutions and law firms.

Researchers believe organisations involved in mergers, acquisitions and capital markets are particularly attractive targets because of the highly confidential information they hold.

Google estimated that one cryptocurrency wallet linked to the operation received around $10 million in bitcoin during the first few months of the year. Ransom demands typically range from $750,000 to $3 million.

The report highlights that despite rapid advances in AI-driven cyberattacks, traditional social engineering techniques remain among the most effective ways for attackers to gain access to corporate networks.

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