to raise $80 billion in additional capital has led to a discussion on corporate investment and long-term growth, banking veteran Uday Kotak has stated this is a wake up call for all companies to eye investments and said IPL is over now, it is time for India to focus on business of businesses.
Taking to X, Uday Kotak stated “Google which is cash surplus, just announced an additional capital raise of $80 billion. Google’s annual profit is $160 bn, last quarter $62 bn, and market cap $4.5 trillion. That is close to total profits and market cap of all Indian listed companies put together. It’s a wake up call to all companies to invest into the future, whatever the present maybe. Now that IPL is done and dusted, time for India to focus on business of business.”
The additional $80 billion fund raise that Uday Kotak referred to, Google will be receiving as a package in three parts . The first part includes a $10 billion private investment from Berkshire Hathaway. This will deepen Berkshire Hathaway’s exposure in the tech major.
The second aspect of this fund raise will be $30 billion via underwritten public offerings that Wall Street banks like Goldman Sachs, JPMorgan and Morgan Stanley will manage.
The third form of this additioanl capital investment will be via Google’s $40 billion at-the-market share sale programme.
As per reports, the main aim of this additional fund raise by Google is to expand AI services, computing capacity and build data centers, buy advacned AI chips as well as work on expanding cloud infrastructure. The massive infrastructure buildout is driven by customer demand for generative AI models and cloud services, which is currently outpacing computing supply.
has estimated capital expenditure at around 180-190 billion dollars in 2026 and this 80 billion dollar fund raise suggests how AI is dominating the present and the future as tech giants are investing heavily to boost the sector.