Google’s parent company Alphabet, Inc. is engaging in some unusual and creative equity-raising practices for a large, publicly traded company. Long story short: it’s raising gobs of investor money that it can put toward expanding its footprint in AI hardware. It plans to raise $80 billion via new “equity offerings” per Bloomberg . That includes $40 billion in new stock dripped into the stock market starting in the third quarter (meaning probably starting in July). For high rollers, Alphabet is offering $30 billion in special underwritten shares along with “mandatory convertible preferred stock,” backed by Goldman Sachs, JPMorgan, and Morgan Stanley. And for good measure, Berkshire Hathaway is putting up $10 billion for shares. Expect an SEC filing shortly to clarify what kind of terms they’re getting. And it’s coming at a noticeably inopportune time for anyone else competing for investors hungry for AI exposure.…