Wall of Supply III - "Et tu, Bruv?"

I didn’t have this on my bingo card:

• Google (ticker: GOOG) is raising $80bn in Equity to fund its AI Capex Plans:

  • $30bn by placing shares & mandatory convertible preferred stock

  • $40bn At-The-Market (ATM) offering

  • $10bn equity placing to Berkshire Hathaway

I don’t know where to start, but let me try:

• Google made $174bn in operating cash flow as well as raised $85bn in debt over the last twelve months, and is now raising a further $80bn in EQUITY because…

• …its 2026 Capex will be $180-190bn and significantly higher in 2027…

My question to Google is:

• “HOW MUCH DOES YOUR DIGITAL GOD COST TO MAKE? WHERE DO YOU DRAW A LINE?!”

I bet you they don’t know the answer.

In fact, it would be even funnier if they asked their AI to stop burning cash and the AI just shrugged them off and kept going, just like a scene from Space Odyssey 2001:

Jokes aside, but not really, this is a fully conscious decision by Google in their pursuit to be first to reach AGI. In Sergey Brin’s own words: “We fully intend that Gemini will be the very first AGI”…

…which reminds me of another Space Odyssey 2001 quote from HAL:

• "This mission is too important for me to allow you to jeopardize it."

OK, enough of that. I have a different question: