- The US dollar bond offering was oversubscribed, attracting more than $100 billion in orders from investors, demonstrating strong market confidence in Alphabet's AI strategy.
- The final US bond sale size was increased to $20 billion, exceeding the initial expectation of $15 billion, to capitalize on the high demand.
- The capital expenditure of $175 billion to $185 billion for 2026 is more than double the amount the company spent in 2025, signaling an aggressive push into AI infrastructure.
- The funds will primarily be directed toward building AI compute capacity for Google DeepMind and meeting significant cloud customer demand.
- The bond issuance includes a rare 100-year bond, a financing move not seen from a major tech company since the late 1990s dot-com era, highlighting the long-term nature of these investments.
Alphabet raises $20 billion in bond sale to fund massive AI and data center expansion
Feb 9, 2026, 6:53:44 PM UTC(1 day ago)
Impact: High
Affected Assets
Sources
From:@DeItaone
ALPHABET LAUNCHES GLOBAL BOND BLITZ TO FUND AI SPENDING
Alphabet is raising $20 billion in U.S. bonds and planning its first bond sales in the UK and Switzerland, including a rare 100-year bond, to fund massive AI investments.
The company expects up to $185 billion in capital spending this year, mostly for data centers. Big Tech spending is surging, with Alphabet, Amazon, Meta, and Microsoft set to invest about $650 billion by 2026, driving a bond issuance boom that could pressure credit markets.