Alphabet's $80 Billion Equity Raise: What an AI Capex Doubling Means for Agent Builders.
Alphabet's $80 Billion Equity Raise: What an AI Capex Doubling Means for Agent Builders
Alphabet is raising $80B in equity to fund a 2026 capex run rate near $190B. Here is the deal structure, the dilution math, and what it actually changes for teams building on Gemini, Vertex AI, and TPUs.