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Alphabet's AI Bond Binge Exceeds $60 Billion
Bloomberg Tech·
Alphabet is undertaking an unprecedented borrowing spree, raising nearly $60 billion across multiple currencies including dollars, euros, Canadian dollars, pounds, Swiss francs, and now yen. The tech giant's executives have been actively engaging with international investors, even working through the night to secure deals in Tokyo. This massive influx of debt financing highlights the significant capital demands driven by the company's investments, particularly in artificial intelligence. The sheer scale of this bond issuance is overwhelming Wall Street and marks one of the largest corporate borrowing periods on record.
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Original Source
Bloomberg Tech — bloomberg.com