Alphabet Issues 100-Year Bond as Tech Giants Seek AI Funding
Teona Gherasim
The expansion plans for AI infrastructure are exorbitant – and they need to be financed as well. To do this, Google’s parent company Alphabet is now taking a step that is extraordinary for the tech sector, as Bloomberg and the Financial Times report today. Alphabet has recorded exceptionally high demand in a comprehensive bond issuance. Google’s parent company attracted orders worth more than 100 billion dollars, while the actual issuance in the dollar segment was expanded to 20 billion dollars.
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