Cory Weinberg / The Information:

Nearly 40% of Alphabet's planned ~$85B in equity offerings for AI will go toward covering tax obligations tied to employee equity awards, amid the AI talent war  —  Alphabet's plan to sell $80 billion worth of shares, billed as a way to pay for AI infrastructure and compute, is surprising enough …

Cory Weinberg / The Information:

Nearly 40% of Alphabet's planned ~$85B in equity offerings for AI will go toward covering tax obligations tied to employee equity awards, amid the AI talent war  —  Alphabet's plan to sell $80 billion worth of shares, billed as a way to pay for AI infrastructure and compute, is surprising enough …

Source: TechMeme
Source Link: https://www.techmeme.com/260603/p50#a260603p50