[BIG TECH]■ STORY TIMELINE
ALPHABET'S $85B SHARE SALE: $34B EARMARKED FOR TAX BILLS
Alphabet plans to sell roughly $85 billion in shares ostensibly for AI infrastructure, but nearly 40% of the proceeds—approximately $34 billion—will cover tax obligations from employee equity awards. The allocation reveals the mounting costs of competing for AI talent.
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Cory Weinberg / The Information: Nearly 40% of Alphabet's planned ~$85B in equity offerings for AI will go toward coveri…