PANews, June 3 – According to Zhitong Finance, Alphabet, Google's parent company, completed its stock offering this week through an underwritten public offering. The company had previously planned to raise $30 billion through this method as part of a massive equity financing round; it ultimately raised $35 billion, bringing the total financing amount to $85 billion. Sources familiar with the matter revealed that Alphabet had already contacted approximately 75 investment institutions before officially announcing its fundraising plan on Monday; a large number of potential investors emerged after the announcement, leading to an over-allotment of shares. The company stated that the funds raised will be used to expand its data centers and purchase computing resources to support the training and deployment of large-scale models.

Alphabet also stated that the Gemini app has over 900 million monthly active users, with paid subscribers recently reaching 350 million. The Gemini 3.5 Pro is expected to be released in June.