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  1. Live Updates: Trump says Iran talks continuing at “rapid pace” after regime threatens “other fronts” in war  CBS News
  2. Iran stops negotiations with U.S., vows to ‘completely’ block Strait of Hormuz: State media  CNBC
  3. High-Wire Negotiations with Iran? Trump Finds it ‘Very Boring.’  The New York Times
  4. Iran warns Israeli attacks in Lebanon threaten ceasefire with US  BBC
  5. Oil Jumps on Report Iran to Halt Exchanges With US: Markets Wrap  Bloomberg.com

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Alphabet plans to raise $80 billion to pay for AI buildout | TechCrunch<div> <p id="speakable-summary" class="wp-block-paragraph">Google parent company Alphabet said Monday that it plans to raise $80 billion to help pay for the massive AI infrastructure buildout it has planned. Alphabet will sell off that amount in stock, and will then use the funds to pay for “general corporate purposes, including capital expenditures to scale AI infrastructure and global compute,” the company said <a rel="nofollow" href="https://s206.q4cdn.com/479360582/files/doc_news/2026/Jun/01/attachments/2026-June-Alphabet-Equity-Capital-Raise-Press-Release-PDF.pdf">in a statement</a>.</p> <p class="wp-block-paragraph">Part of the plan involves selling $10 billion in stock to Berkshire Hathaway, the massive global holding company formerly led by Warren Buffet.</p> <p class="wp-block-paragraph">“The company is experiencing strong demand for its AI solutions and services from enterprises and consumers, at levels that are exceeding the company’s available supply,” Alphabet <a rel="nofollow" href="https://s206.q4cdn.com/479360582/files/doc_news/2026/Jun/01/attachments/2026-June-Alphabet-Equity-Capital-Raise-Press-Release-PDF.pdf">said in its statement</a>. “By scaling its investments, the company seeks to expand its foundational infrastructure to support the significant growth opportunity ahead.” </p> <p class="wp-block-paragraph">The company added that the stock plan represented a way to “fund its investments in a balanced way while retaining a healthy balance sheet.” </p> <p class="wp-block-paragraph">Like other tech giants, Google has announced plans for a massive investment in compute this year, the likes of which will be used to support a flurry of <a href="https://techcrunch.com/2026/05/19/google-search-as-you-know-it-is-over/">new AI services</a>. At Google I/O last month, CEO Sundar Pichai <a rel="nofollow" href="https://blog.google/innovation-and-ai/sundar-pichai-io-2026/#infrastructure-innovation">said that</a> the company expects to spend between $180 and $190 billion on capex before the year is out. Google and other tech giants are <a rel="nofollow" href="https://www.bloomberg.com/news/articles/2026-04-30/us-big-tech-ratchets-up-ai-spending-past-700-billion-this-year">expected to spend</a> as much as $700 billion this year on AI capex.</p> </div>#Alphabet #plans #raise #billion #pay #buildout #TechCrunchAI,Alphabet,compute,Google

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