Alphabet Is Selling 100-Year Debt
Digest more
In Alphabet's annual report, the company said AI poses business risks, including its potential impact on advertising.
Google owner Alphabet is raising about $11.5 billion by selling bonds in British pounds and Swiss francs, as it rounds up funding for a mammoth AI buildout. Taken together with the [$20 billion of dol
Alphabet Inc is set to raise almost US$32 billion in debt in less than 24 hours, showing the enormous funding needs of tech giants competing to build out their artificial intelligence capabilities.
On Monday, Alphabet raised US$20 billion in a seven-part dollar debt sale, exceeding earlier expectations for a US$15 billion deal. It attracted more than US$100 billion of orders at its peak — among the strongest ever for a corporate bond offering.
Alphabet Inc. plans to sell a very rare 100-year bond as part of its mega debt issue, in the first sale of such long-dated debt by a technology firm since the late 1990s.
Alphabet Inc has received close to 10 times orders for a £1 billion sale of an ultra-rare 100-year bond, a landmark transaction in the debt-fuelled race for AI supremacy.
Alphabet Inc. Q4 2025: 18% revenue growth, Cloud +48%, Gemini-Apple catalyst, AI CapEx debate. Click for this updated look at GOOG stock post earnings.
The big borrowing spree comes just days after tech companies from Meta Platforms Inc. to Amazon.com Inc. said they were ramping up spending to meet their ambitious artificial intelligence plans. Their plans fanned fears that the AI arms race, and the billions of dollars of debt needed to help fund it, would weigh on credit markets.
This is because its capex may reach US$185 billion in 2026 to finance its ambitions in artificial intelligence Read more at The Business Times.
The 100-year note is part of a broader financing spree for Alphabet, which raised funds in US dollars and is now tapping Swiss francs and the sterling market across different maturities.
Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks Jim Cramer looked at recently. Cramer noted that the stock was “due for a breather,” as he remarked: This week, two members of the Mag Seven reported,