Alphabet has significantly expanded its global borrowing program to finance artificial intelligence (AI) infrastructure, raising nearly US$17 billion through euro- and Canadian dollar-denominated bonds in its latest funding push, according to Bloomberg. The move includes its largest-ever euro bond sale and its first issuance in Canadian dollars, underscoring the scale of capital required for AI-related investments.
Alphabet’s global debt blitz underscores explosive AI funding boom across tech industry
07
May