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الاقتصادية
Alphabet raises $3.9B via Australian bonds
Alphabet, the parent company of Google, announced that it has raised $3.89 billion through its first issuance of Australian dollar-denominated bonds, with maturities ranging from 3 to 20 years. The funds are intended to support its investments in artificial intelligence technology. This move comes as part of the broader trend among major tech companies to utilize capital markets to address the rising spending on AI projects, which exceeds $730 billion worldwide, and to finance expansion initiatives amid declining free cash flows due to high costs. This strategic step represents a shift, as Alphabet is now relying on global debt markets rather than its cash reserves, in light of the financial pressures stemming from AI investments.
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