Google upsizes historic equity raising to $85bn to back AI spending spree
Google upsized its first stock offering in more than two decades to $85bn to fund AI spending, while the RSS snippet says investor demand was strong and does not disclose the offer price, share count, or specific AI investment items.
Why it matters: HKR-H/K/R all pass: FT reports Google upsized an AI-linked equity raise to $85bn, a major capex signal for hyperscaler AI spending. Terms and specific AI uses are not disclosed, keeping it below 90.