Alphabet raises $20 billion through a bond offering to support expanded investment in artificial intelligence infrastructure. The move reflects the company’s push to scale data centers, computing capacity, and AI hardware as demand for generative AI and cloud services accelerates.
Proceeds from the bond sale are earmarked for long-term capital expenditures, including servers, networking equipment, and energy-intensive facilities required to run advanced AI models. The financing allows Alphabet to fund aggressive growth plans while preserving balance sheet flexibility.
The issuance underscores a broader trend among large technology firms turning to debt markets to finance AI buildouts. Investors continue to show strong appetite for high-grade tech debt, signaling confidence in Alphabet’s cash flow generation and long-term positioning in the global AI race.
