Alphabet Raises $85 Billion for AI Infrastructure Amid 4-Week Losing Streak

According to CNBC, Alphabet announced on June 4, 2026, that it would raise $85 billion through equity sales to fund its artificial intelligence build-out, including a $10 billion investment from Berkshire Hathaway. The capital raise comes as Alphabet's stock enters its fourth consecutive weekly decline, the longest losing streak in over a year, following an underwhelming Google I/O presentation last month.

The company has already secured more than $55 billion in fresh debt since November and upped its 2026 capital expenditure guidance to as high as $190 billion. Analysts estimate Alphabet's free cash flow will turn negative over the next few years as AI infrastructure spending accelerates.