Alphabet plans to raise $80 billion from stock sales to fund AI buildout
Alphabet said it plans to sell $80 billion in stock, including through a $10 billion investment by Berkshire Hathaway.

Alphabet said it plans to sell $80 billion in stock, including through a $10 billion investment by Berkshire Hathaway.
HPE's blowout second-quarter earnings report was highlighted by a strong Cloud & AI segment that showed soaring server revenue.
Stephen Curry has entered into a partnership with Li-Ning, which would involve product development as well as sports culture initiatives.
President Trump spoke with CNBC's Eamon Javers about the latest with the Iran war in an interview Monday.
Chinese companies are increasingly seeking Nvidia alternatives to develop self-sufficient systems, even if their own tech remains in the early stages.
Asia-Pacific markets traded lower on Tuesday as investors weighed renewed uncertainty over U.S.-Iran peace negotiations.
NASA has tapped Jeff Bezos' Blue Origin for several contracts in the agency's Artemis return-to-the-moon program.
Coding tools are becoming an increasingly big target for Google and Microsoft as they try to catch up to Anthropic and OpenAI.
The AI boom that has funneled more than $250 billion into OpenAI and Anthropic has left hundreds of startups built before ChatGPT's arrival in 2022 stranded.
New rules allow 529 plan funds to pay for eligible career training, certifications, licensing fees and continuing education costs.
McDonald's new growth plan comes as inflation and high gas prices mean restaurants are competing for a smaller pool of customers.
Anthropic said it confidentially filed its IPO prospectus with the SEC, setting up a potentially historic share sale for investors ready to jump into AI.
FedEx Freight CEO John Smith said the company's separation from FedEx will allow it to invest more aggressively in growth initiatives.
Senate Democratic Leader Chuck Schumer said he was launching an effort to kill "slush fund" by forcing Republicans to vote on it.
We concern ourselves far more with making sure we are investing in the right companies.
In an updated IPO prospectus, SpaceX said that up to 5% of stock being offered by the company in the offering will be available in a direct share program.
The complaint said the harms are the result of OpenAI's "insatiable quest to win the AI arms race and amass large fortunes."
Analysts say the deal between Berkshire Hathaway and Taylor Morrison signals that the housing market may have bottomed.
The retail industry saw strong first-quarter sales and profits, but high tax refunds and buy now, pay later helped mask underlying consumer weakness.
Barry Diller's People Inc. extended an offer for MGM Resorts at $48.30 per share.
Vice President Vance has seen his odds slip since the start of the year, as the secretary of State's chances have been buoyed by international conflicts.
Opposition to the $1.8 billion Justice Department fund, which critics call a "slush fund," helped grind Senate floor action to a halt last month.
Jerome Powell said White House pressure on the Fed will damage public trust in the U.S. central bank.
Nvidia CEO Jensen Huang unveiled a long-awaited Arm-based PC chip, breaking into PCs for the first time on new laptops by Dell, Microsoft, HP, ASUS and others.