Alphabet issues euro bonds in six tranches for AI growth
Alphabet is selling at least 3 billion euros in bonds across six tranches to fund its AI ambitions. This follows a major debt raise earlier in the current year.
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ALPHABET INC-CL A is selling at least 3 billion euros ($3.5 billion) in bonds across six tranches. The offering follows a $32 billion debt raise in the United States, United Kingdom, and Switzerland earlier this year. Alphabet is joining other Big Tech peers in leveraging debt markets to finance capital-intensive artificial intelligence infrastructure.
