Just as attention around the looming SpaceX, Anthropic, and OpenAI IPOs was peaking, Alphabet entered the ring with an offering of its own.

Google parent Alphabet is asking investors for an extraordinary $80 billion to help finance one of the most ambitious artificial intelligence expansion plans ever undertaken by a technology company.

Alphabet 's plan to sell $80 billion in shares to fund its artificial intelligence commitments leaves markets in "unprecedented territory", co-chief executive officer at Goldman Sachs International Anthony Gutman told CNBC in an exclusive interview on Wednesday.

Alphabet is selling billions in stock and ramping up spending as the AI arms race gets even more expensive. Berkshire Hathaway is already on board. Alphabet is looking for greater cash flow to spend on AI advancements.

Alphabet's planned $80 billion stock sale puts a new price tag on the AI race as Google's cash machine taps Wall Street to keep up.

Alphabet plans an $80B stock raise to fund AI infrastructure, reversing years of buybacks and pressuring Google stock.

Google parent Alphabet on Tuesday was on pace for its biggest one-day wipeout in market capitalization on record, after the cloud and internet giant [announced an $80 billion equity offering](