Alphabet (GOOGL) Sells $20B Bond Offering to Fund AI Infrastructure

Alphabet (GOOGL) sold a $20 billion seven-part bond offering maturing through 2066 to fund escalating AI infrastructure spending, signaling a shift from cash-run investments to external capital. The move follows hundreds of billions poured into generative AI, with U.S. tech giants forecasting $630 billion in capital expenditures this year,主要集中 on data centers and AI chips. Alphabet indicated it will spend up to $185 billion this year, with Oracle (ORCL) selling $25 billion in notes in a related filing earlier this week.