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But we saved everything 🙂.
Deirdre Bosa highlights that Alphabet generated over $160 billion in operating cash flow last year but is still issuing more than $40 billion in equity to support artificial intelligence compute investments, including a private placement to Berkshire.
Bosa points out that one of the largest cash generators in technology is choosing to dilute its equity base to keep up with the demands of AI development.
Bosa previously noted that Anthropic will pay $1.25 billion per month through May 2029 for compute capacity on xAI's Colossus data centers, amounting to $45 billion in total commitments. In a separate report, she indicated that Musk’s loss to Altman could reduce legal distractions and potentially clear the way for a SpaceX IPO. The recent activity comes amid heightened competition and capital outlays across the sector.