Alphabet’s $60 Billion AI Debt Sprint Puts Google Stock Back in Focus
Alphabet is reaching into the global bond market, lining up its debut yen bond as the Google parent seeks fresh funding outside the U.S. to ramp up artificial intelligence efforts. “A company with big borrowing plans and solid credit can raise cash not just domestically but globally,” said Art Hogan, chief market strategist at B. Riley Wealth. According to Reuters, the yen offering could land in the several hundred billion yen range.
