Alphabet draws $100B+ demand for $15B bond sale to fund record $185B AI spend

Google parent company, Alphabet Inc., is executing a $15 billion corporate bond sale in the US, which has attracted over $100 billion in demand across its seven tranches. This significant borrowing is intended to fund the company's record $185 billion capital expenditure plan, primarily directed toward artificial intelligence infrastructure and data centers. Furthermore, Alphabet is preparing to enter the UK and Swiss bond markets, potentially issuing a rare 100-year bond. This aggressive spending strategy follows the company's announcement that its AI investments are already boosting search-driven ad revenue. Alphabet's capex surge is part of a broader trend among major tech firms, with combined forecasts reaching $650 billion by 2026, although the scale of Alphabet's spending has recently drawn investor scrutiny.

(Source：Crypto Briefing)