Google selling $10B of equity to Berkshire is fascinating and functions as a signal that AI demand is high, in a world where the most cash buys the most compute
@benthompson at his finest: The Google Capital Company. @JohnHuber72 also has a great post on this topic, why return on incremental capital is what matters https://stratechery.com/...
The Google Capital Company Google has issued equity to Berkshire Hathaway in a deal that signals far more demand and a future where capital is the ultimate commodity. https://stratechery.com/...