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The Nexus
BUSINESSJun 2 · 12:57 UTCSEMAFORTom Chivers

Alphabet to sell $80 million in stock to fund AI buildout

Alphabet plans to sell $80 billion in stock to fund its AI infrastructure development, a move not seen in 20 years. The company expects to spend over $180 billion on capital expenditures this year, with projections of up to $1.5 trillion in bond issuance from AI firms in the coming years.

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