Is Google trying to turn the AI arms race into an endless war? $800 billion is just the appetizer—$3,000 billion in annual spending is the real entry ticket. With its in-house TPU development plus a Berkshire Hathaway endorsement, the era where computing power is power has arrived.

Google’s parent company Alphabet announced raising $80 billion through a package of stock issuances to expand its AI computing power spending. The package includes $40 billion in ATM offerings, $30 billion from underwritten common stock and mandatory convertible preferred stock, and a $10 billion targeted private placement to Berkshire Hathaway. CFO Annat Ashknazi said that capital expenditures in 2027 will be significantly higher than the $190 billion in 2026—possibly reaching $300 billion next year—funds to be used to expand its self-developed TPU chips and related infrastructure.