Alphabet taps $20 billion bond sale to fund AI capex
Alphabet is tapping the debt markets, looking to raise about $20 billion in a bond sale. Is also considering a hundred-year bond as part of that. It's the second big tech company to tap the markets this year after Oracle issued 25 billion of debt just a week ago.Tech giants are leaning on debt to fund massive infrastructure as demand for AI compute explodes. The hyperscalers, as they're called, are expected to pour more than $630 billion into AI this year alone. Even as returns, well, we'll see if they can ...