Alphabet Raises Additional $25 Billion Through Bond Sale to Fund AI Infrastructure

Alphabet, the parent company of Google, issued dollar-denominated bonds and raised $25 billion, according to Bloomberg. This increased the company's total debt obligations to $114 billion, making it a leader among IT giants. The bonds have maturities ranging from two to forty years, with a rate 1.3 percentage points higher than US Treasury bonds, though the exact rate was not specified. According to sources cited by the publication, Alphabet now plans to issue bonds twice a year. Demand for the bonds was described as 'peak', indicating a shift in investor sentiment, which previously worried about large debt obligations and excessive spending on AI infrastructure. In February 2026, Alphabet conducted its largest-ever bond offering in the US, raising $20 billion to finance AI projects, and it also planned to sell shares worth nearly $85 billion. In July, Alphabet raised its forecast for capital expenditures on AI to $205 billion.