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Alphabet Issues Rare 100-Year Bonds to Fund AI Expansion
Google's parent company Alphabet sells century bonds in a rare capital markets move. The proceeds will finance massive AI infrastructure investments through 2030.
Key Takeaways
- Alphabet sells 100-year bonds in rare century-bond issuance signaling long-term confidence in AI infrastructure spending
- The proceeds will fund massive data center construction and custom AI chip development over the coming decade
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DT Editorial Team··5 min read·via ft.com