Earlier this week, I shared that Google’s parent company is raising $80 billion by selling stock (see here). And I wondered what it will do with all that money (it already had almost $128 billion in the bank before this raise). Well, the CEO has answered that question. Today, he shared the presentation he and the CFO gave to investors interested in participating in the raise. It seems they’re going to deploy it across the business to maintain or obtain a leadership position. So, not one single thing, but doing more of what they’ve already been doing.

If you’re interested in the press release about the presentation, it’s here. And for the full slide deck presentation, look here.