BlockBeats News, June 3rd, according to data compiled by the institution, Alphabet (GOOG.O) initiated an $800 billion equity financing for the construction of artificial intelligence infrastructure, expecting to become the largest equity capital markets transaction in history.

The jointly issued shares in this offering (including common stock, preferred stock, and similar equity-like mandatory convertible preferred stock) were priced later on Tuesday. The scale of this offering will exceed the approximately $70 billion common and preferred stock issuance conducted by Petrobras in 2010.

The largest single transaction in Google's parent company's transaction is a $400 billion "at-the-market" issuance plan, which is expected to commence in the third quarter. Such issuances allow the company to sell shares to the market from time to time without notice but must regularly disclose the amount raised in regulatory filings.