<span>STORY: Google parent Alphabet said Monday it is looking to raise $80 billion in equity offerings in its push to fund a costly expansion of its AI infrastructure.</span><span>That includes a $10 billion investment from Berkshire Hathaway.</span><span>The deal positions Warren Buffett’s company as a major investor, adding a high-profile endorsement of Alphabet’s long-term AI and cloud strategy.</span><span>Berkshire will take $10 billion of shares in a private placement, adding to the position it has built since the third quarter of last year.</span><span>Last month, the investment giant said it more than tripled its stake in the Google operator, which at nearly $17 billion has become one of its largest common stock investments.</span><span>One analyst said the additional purchase underscores that Berkshire believes Alphabet will earn a reasonable return on its AI spending. </span>
