The past week saw the AI buildout's capital structure accelerate in capital markets - on every layer simultaneously. Alphabet announced an $80 billion equity package that was subsequently upsized to $84.75 billion, anchored by a $10 billion Berkshire Hathaway placement. Anthropic filed confidentially for an IPO hours later, at a $965 billion private valuation that now exceeds OpenAI's. By Friday, Apollo and Blackstone had priced $35 billion of structured debt to lease Google TPUs to Anthropic, and SpaceX disclosed a $920 million-per-month compute contract with Google ahead of a June 12 listing targeting $1.77 trillion. Equity, IPO, private credit, and lease obligation - four distinct capital products, one underlying asset class: powered compute.

Read More

Attachments

  • Original document
  • Permalink

Disclaimer

Keel Infrastructure Corp. published this content on June 07, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 08, 2026 at 21:26 UTC.