Bloomberg reports Alphabet is lining up an $80B equity program — ATM sales, underwritten offerings and a Berkshire‑backed private placement — to pay for massive AI buildout.

The Commerce Department closed a year‑old loophole on Sunday, saying advanced Nvidia and AMD chips sold to companies headquartered in China now require export licenses even when bought through overseas affiliates. The move tightens export checks and could complicate shipments for Bay Area chip and data‑center firms.

The White House approved roughly $9 billion to buy Nvidia superchips and build the liquid‑cooled data centers that run them, aiming to close an intelligence‑community compute gap. The move raises procurement, timing and civil‑liberties questions as agencies race to deploy frontier AI on classified networks.