Google’s parent company Alphabet plans to issue $20 billion in bonds, far exceeding previous expectations, to support its annual capital expenditure plan of up to $185 billion, with a focus on AI infrastructure such as data centers. Tech giants are fueling a financing boom for the AI race. (IT Home)
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Google's parent company Alphabet plans to issue $20 billion in bonds
Google’s parent company Alphabet plans to issue $20 billion in bonds, far exceeding previous expectations, to support its annual capital expenditure plan of up to $185 billion, with a focus on AI infrastructure such as data centers. Tech giants are fueling a financing boom for the AI race. (IT Home)