Skip to content
All news
General

Alphabet Signs AI Deal with SpaceX, $85B Raise Amid Valuation Concerns

Alphabet (GOOGL) has signed a multi-year AI infrastructure agreement with SpaceX to access over 100,000 Nvidia GPUs in SpaceX data centers. The deal is tied to a record $85B equity raise anchored by Berkshire Hathaway to fund expanded AI compute capacity.

June 7, 2026
2 min read
Source: Simply Wall St.
Share:

Key Numbers

equity raise
85B
gpus
100000+

Alphabet (NasdaqGS:GOOGL) has signed a multi-year AI infrastructure agreement with SpaceX, granting access to over 100,000 Nvidia GPUs housed in SpaceX data centers. The deal coincides with a record $85 billion equity raise led by Berkshire Hathaway to fund expanded AI compute capacity.

Details

The agreement provides Alphabet with priority access to massive computing resources for training and running AI models. The $85B equity raise is the largest in the company's history, with Berkshire Hathaway as a key investor.

Context

The move comes amid intensifying competition among tech giants for high-end AI chips, particularly Nvidia GPUs. It also highlights SpaceX data centers' growing role in AI supply chains.

What This Means for Investors

The deal underscores Alphabet's commitment to expanding its AI infrastructure, but raises valuation concerns given the large capital expenditure. Investors are watching the impact on future profitability.

Frequently Asked Questions

The financial terms were not disclosed, but the deal includes access to over 100,000 Nvidia GPUs.

Found this useful? Share it

Share:
This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.