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Alphabet Raises Historic $85 Billion in Largest-Ever Equity Offering for AI Expansion

Alphabet has secured $85 billion through an unprecedented equity offering, confirming the public market’s strong belief in AI. Priced on June 2, this deal sets a record as the biggest stock sale not only in the tech sector but across all industries worldwide. Initially, the company had different plans, but investor confidence in AI drove this monumental capital raise.

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The Next Web