Alphabet’s Debt Raise Fuels Forecasts for Record Year in Corporate Bond Sales

Google’s parent company, Alphabet, has raised $20 billion by selling bonds in the U.S., adding to a surge in borrowing by big AI companies to fund massive spending on data centers and technology. Other tech giants like Oracle, Meta, Amazon, and Microsoft have also issued large amounts of debt, pushing corporate bond sales towards a possible record year. Analysts say these companies could spend around $500 billion this year, with AI related bond issuance driving much of the growth. The heavy investment in AI is also shaking other markets, forcing investors to rethink how tech companies make and spend money.