Alphabet's total funding round has increased to $85 billion, and the Gemini 3.5 Pro will be released in June.

CoinFeed, 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 approached 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 its Gemini app has over 900 million monthly active users, and its paid subscriptions recently reached 350 million.