Alphabet Raises Nearly $17B in Multi-Currency Bond Sale to Fund AI Infrastructure

Bloomberg·high signal

Alphabet issued its largest-ever euro-denominated bonds plus its first Canadian dollar notes, raising nearly $17B to fund AI infrastructure. The company plans up to $190B in capital expenditures this year, primarily for data centers. Combined with Meta, Microsoft, and Amazon, Big Tech is collectively planning $725B in AI data center spending this year — Alphabet has also recently issued sterling and Swiss franc notes.