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Alphabet Upsizes Equity Offering to $85 Billion for AI Spending

Google parent Alphabet Inc. upsized its equity raise to $84.75 billion from the $80 billion it announced just two days earlier in a bid to help fund growing artificial intelligence spending plans.

The Google headquarters in Mountain View, California, US, on Thursday, Oct. 23, 2025. Alphabet Inc. is scheduled to release earnings figures on October 29.
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Quantinuum Shares Pare Gains to Close Little Changed After IPO

Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., reversed a 19% gain to close just above its debut price after raising $1.68 billion in an upsized US initial public offering.

Quantinuum Inc. signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, June 4, 2026. Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., raised $1.68 billion in its upsized US initial public offering, demonstrating growing investor enthusiasm for the emerging technology.
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