A press release document by Alphabet, Google's parent company, has laid out its intention to " fund investments in its world-class AI compute infrastructure to meet its unprecedented customer demand." The company has stated this decision to have been caused by strong demand from both enterprises and consumers. That's why the company is scaling its investments in preparation of the continuation of the AI boom. The investment round includes existing investors Sony Group Corporation and KIRKBI—the family-owned holding and investment company behind The LEGO Group—with each investing USD 1 billion. “This investment will accelerate our engagement in the world of digital play, and we are pleased to be investing in Epic Games to support their continued growth journey, with a long-term focus toward the future metaverse,” said KIRKBI CEO Søren Thorup Sørensen. Epic has a post-money equity valuation of USD 31.5 billion and the closing of the investment is subject to customary closing conditions, including regulatory approvals. Read more in our articles including "Google slated to drop $80B on AI after record-breaking revenues" and "ASUS unveils ExpertBook Ultra campaign in the Philippines".
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Jul 21, 2026A press release document by Alphabet, Google's parent company, has laid out its intention to " fund investments in its world-class AI compute infrastructure to meet its unprecedented customer demand." The company has stated this decision to have been caused by strong demand from both enterprises and consumers. That's why the company is scaling its investments in preparation of the continuation of the AI boom.
The investment round includes existing investors Sony Group Corporation and KIRKBI—the family-owned holding and investment company behind The LEGO Group—with each investing USD 1 billion. “This investment will accelerate our engagement in the world of digital play, and we are pleased to be investing in Epic Games to support their continued growth journey, with a long-term focus toward the future metaverse,” said KIRKBI CEO Søren Thorup Sørensen. Epic has a post-money equity valuation of USD 31.5 billion and the closing of the investment is subject to customary closing conditions, including regulatory approvals.
Our coverage of AI investment includes: "Google slated to drop $80B on AI after record-breaking revenues"; "ASUS unveils ExpertBook Ultra campaign in the Philippines"; "TCL launches C7L Mini LED TV series in the Philippines". Each article provides unique insights and information.