Alphabet Just Raised $84.75 Billion in One Shot to Buy Compute. Your Cheap Inference Isn't Going Away — but Here's the Bet to Actually Make.
On June 2, Alphabet priced an $84.75B equity raise — upsized from $80B, with $10B from Berkshire — to fund a 2026 capex guide of $180–190B. When a hyperscaler raises that much to build compute, the only question that matters for a one-person business is whether your token bill goes up or down.