Alphabet Looks to Raise About $15 Billion From US Bond Sale

Group 1 - Alphabet Inc. is planning to raise approximately $15 billion through a US high-grade dollar bond sale, contributing to a trend of increased borrowing among companies involved in the artificial intelligence investment boom [1] - Major cloud-computing companies, referred to as hyperscalers, are projected to invest over $650 billion this year to enhance AI infrastructure, with a significant amount of debt being issued to finance this expansion [2] - Alphabet is structuring its bond sale into as many as seven parts, with initial pricing discussions for the longest bond maturing in 2066 set at a premium of about 1.2 percentage points above Treasuries [3] Group 2 - In addition to the US dollar bond offering, Alphabet is also exploring potential debt offerings in Swiss francs and sterling, including a rare 100-year note [4] - The company announced plans to spend up to $185 billion this year, exceeding previous forecasts, and reported fourth-quarter earnings that surpassed analyst estimates [5] - Capital spending in AI, cloud infrastructure, and data centers is expected to reach a total of $3 trillion by 2029, according to Bloomberg Intelligence [6]