Alphabet, Google's parent company, plans to issue bonds maturing in 100 years. This move is part of its strategy to boost massive investments in artificial intelligence infrastructure, according to data from Bloomberg. The tech giant aims to raise about $20 billion in total, with a significant portion coming from bonds due in February 2126, as lenders seek to capitalize on the AI revolution. Alphabet, along with competitors like Amazon, Meta, and Microsoft, is investing heavily in the infrastructure supporting AI technology. However, market reactions have been mixed, with some investors expressing concern that spending has exceeded reasonable limits. Alphabet did not respond to a request for comment.
Alphabet Plans to Issue 100-Year Bonds for AI Investments
Alphabet, Google's parent company, announced plans to issue 100-year bonds to raise about $20 billion for major AI infrastructure investments, despite investor concerns about spending levels.