The report says the company may shift from years of share buybacks to stock issuance to help fund artificial intelligence investment and tax obligations.
Google is reportedly planning an $80 billion stock sale to help finance artificial intelligence spending and tax obligations. The report says this would mark a reversal from years of buybacks, with 2026 capital expenditure projected to approach $190 billion. The update points to the growing financial demands of AI infrastructure, which typically includes large outlays for data centers, chips, and related computing capacity.