Xin Lang Cai Jing·2026-02-11 10:32Core Viewpoint - The market is showing a strong demand for Alphabet's "century bonds," indicating investor confidence in the company's long-term prospects amid the ongoing AI arms race [1] Group 1: Market Reaction - Investors are aggressively purchasing Alphabet's century bonds, reflecting a bullish sentiment towards the company's future growth potential [1] - The issuance of these long-term bonds is seen as a strategic move by Alphabet to capitalize on the current AI boom [1] Group 2: Industry Context - The AI arms race is intensifying, with major tech companies competing to lead in AI technology, which is driving investor interest in related financial instruments [1] - Alphabet's position in the AI sector is perceived as strong, contributing to the attractiveness of its long-term debt offerings [1]