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The Nexus
BUSINESSJun 3 · 14:00 UTCBLOOMBERGCarmen Reinicke, Lynn Doan

Alphabet Upsizes Equity Offering to $85 Billion for AI Spending

Alphabet Inc. has increased its equity offering to $85 billion to fund AI initiatives. The company's headquarters is located in Mountain View, California, and it is scheduled to release earnings on October 29.

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