Alphabet Plans First Yen Bond Sale to Fund AI Spending, Eyes Up to US$190B Capital Expenditure

According to Bloomberg, Alphabet plans to sell yen bonds for the first time to help fund its rising AI infrastructure and data center spending. The move follows recent euro and Canadian dollar bond sales that raised almost US$17 billion. Alphabet’s debt has climbed above US$100 billion, and the company raised its capital expenditure outlook to as much as US$190 billion from US$185 billion.

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