According to Huoxun Finance, Alphabet, Google's parent company, is raising $80 billion through an equity offering, including an investment agreement with Berkshire Hathaway, to fund its AI spending plans. The financing includes a $30 billion underwritten public offering, a $40 billion on-market offering, and Berkshire Hathaway will subscribe to $10 billion in private placement shares, purchasing $5 billion in Class A and Class C common stock at $351.81 and $348.2 per share, respectively. Alphabet stated that AI demand has exceeded current supply capacity, and the expanded investment aims to expand infrastructure to support future growth.

According to Odaily, Alphabet (GOOG.O), Google's parent company, is raising $80 billion through equity offerings, including an investment agreement with Berkshire Hathaway, to fund its ambitious artificial intelligence spending plans. Alphabet disclosed in its announcement that the financing includes a $30 billion underwritten public offering and a $40 billion "market-to-market" (ATM) transaction. As part of this financing plan, Berkshire Hathaway will subscribe for $10 billion worth of shares through a private placement, while Alphabet will issue $5 billion worth of Class A common stock to Berkshire at $351.81 per share and an additional $5 billion worth of Class C common stock at $348.20 per share. The company stated, "AI demand has exceeded the company's existing supply capacity. By scaling up its investment, the company aims to expand its infrastructure to powerfully support future massive growth opportunities."

Odaily Planet Daily reported on the evening of June 1st local time that the Iranian Islamic Revolutionary Guard Corps (IRGC) announced that following the aggressive attack by US forces on Iranian vessels in the Gulf of Oman, the IRGC Navy retaliated by striking the US-Israeli vessel "Sariska" with a cruise missile. The IRGC Navy emphasized that any act of aggression by US forces in the region would be met with a resolute response. The statement did not specify the timing of the operation. Meanwhile, the UK's Office for Maritime Trade Operations reported on June 1st that a cargo ship sailing in the Persian Gulf near southern Iraq was struck by an unidentified projectile and experienced a violent explosion.

In the past hour, total liquidations across the network reached $19.17 million, with $12.23 million from long positions, with $6.94 million from short positions. BTC liquidation $8.87 million, ETH liquidation $5.26 million.

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