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00:02Alphabet shares fell in after-hours trading after the company announced a proposed $80 billion capital raise
00:08that includes an investment from Berkshire Hathaway, according to Benzinga.
00:12The financing includes a $30 billion public offering,
00:16a $40 billion at-the-market offering expected to begin in the third quarter,
00:20and a $10 billion private placement to Berkshire Hathaway.
00:24The Berkshire deal consists of $5 billion of Class A common stock at $351.81 per share
00:32and $5 billion of Class C stock at $348.20 per share.
00:38Berkshire has been building a position in Alphabet since the third quarter of 2025.
00:43Alphabet said proceeds will fund capital expenditures for scaling AI infrastructure and global compute.
00:49Google shares fell 1.98% in after-hours trading to $368.90.
00:56For all things money, visit Benzinga.com.
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